Investing in real estate within the city of Spokane is becoming a popular option as the city continues to grow with opportunity. We fund real estate investors looking for a Spokane project to fix & flip or buy and hold. Many of our borrowers, who are also members of Bigger Pockets, follow the BRRRR method for producing long term wealth and passive income. Intrust Funding’s short term loans typically range from 5 to 12 months. With a quick and simple application process, we can fund projects within 48 hours of approval. Acquire real estate fast and pay off your loan quickly. Real Estate investing has never been easier!
As leading money lenders for residential in Spokane, we are known for our simple private money loan qualification process! If you have bad or no credit, that doesn’t matter to us. However we do need a credit report, or a copy of a credit report issued within the last 12 months, just to make sure there are no liens on any collateral you might use. We also need proof of funds for the down payment. To prequalify for a commercial real estate loan from us, that’s about all we need. But there are disqualifiers for our real estate investment loans. For us to provide funds for the investment, the loan cannot be used to acquire a property at in-person county auctions (although we do provide funds for online auctions), the property must have a free and clear title without any liens, and it must have a septic system in place. We also do not provides funds for land-only deals, unless the land is worth as much as the loan itself. Our short term loans are typically used to purchase an investment, renovate a property, or to refinance a loan from another lender. All fees, like origination fees, are rolled into the loan, while a ballon payment is due at the end when the investment property is sold, rented out, or refinanced, allowing our competitive rates to match or beat other hard money lenders in Spokane County. Similarly, our flat 1% interest rate per month attracts investors all over Washington state. Intrust Funding is a well-known hard money lender in the city of Spokane, offering cash on hand loans for difficult to fund projects.