People in Sammamish are looking to real estate more and more to achieve financial freedom. Bigger Pockets has made the BRRRR method a popular approach for real estate investors to generate passive income and accrue long term wealth. With our private money loans, investors have tremendous success at fix and flips and buy and holds in Sammamish. Intrust Funding’s short term loans typically range from 5 to 12 months. With funding in 48 hours, our borrowers appreciate that our application process is quick and simple. We make real estate investing easy.
As leading hard lenders in Sammamish, we are known for our simple bridge loan qualification process! Prequalifying for a bridge loan from us is simple. Although there is no minimum credit score you need to have, we must have a credit report or a copy of a report issued in the last 12 months on file. This is just so we can make sure there aren’t any liens on collateral you might use for the loan. The second thing we need is a proof of funds for down payment, or proof of adequate collateral. Once we have those two things, that’s about all we need! But an investment property with no septic in place, is selling at in-person county auctions, or does not have a free and clear title with no liens will not typically receive a hard money loan from Intrust Funding. Furthermore, we do not fund land-only deals, unless the land value is equal to or exceeds the loan amount. Our flip loans are typically used to purchase an investment, renovate a property, or to refinance a loan from another lender. All loan fees are rolled into our loans, meaning investors only pay a 1% interest rate each month until their loan is payed off. A balloon payment is due at the end of the loan term, which is typically paid off through the sale or refinance of the investment property. Our competitive rates are appreciated by commercial real estate investors in King County. Intrust Funding is a well-known hard money lender in the city of Sammamish, offering cash on hand loans for difficult to fund projects.