Spokane Valley Hard Money Loans
Intrust Funding is an Spokane Valley private lender for real estate providing rehab loans to investors in Pierce County. Acquire your next property, renovate your next investment, or cash-out refi your last loan today. With funding in 48 hours, no inspections, no appraisals, and a simple 1% per month interest rate, Intrust Funding is real estate investing simplified.
Situated east of Spokane, Spokane Valley is a thriving city with a population of over 101,000. Its robust local economy, anchored by sectors like manufacturing, retail, and healthcare, presents a stable environment for real estate investment. The city’s diverse range of neighborhoods, high quality of life, and close proximity to natural attractions like the Spokane River and the Centennial Trail, enhance its appeal for residential investment. Spokane Valley’s commercial districts and development projects also present numerous opportunities for commercial real estate investment.
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A Real Estate Investor’s Guide to Spokane Valley
Spokane Valley, WA
Spokane Valley is a city in Spokane County, Washington, United States, and the largest suburb of Spokane. It is located east of Spokane, west of Coeur d’Alene, Idaho, and surrounds the city of Millwood on three sides. The city incorporated as the City of Spokane Valley on March 31, 2003. The population was 102,976 at the 2020 census, making it the eighth-largest city in Washington state. Spokane Valley is named after the valley of the Spokane River, in which it is located. The city and the general area is colloquially referred to as “The Valley” by residents of the Spokane–Coeur d’Alene area.
Spokane Valley hosts a variety of community events such as the Spokane County Interstate Fair, Valleyfest, and the Inland Northwest Craft Beer Festival and is home to the Spokane Valley Heritage Museum and the home ground of the Spokane Indians minor league baseball team.
Spokane County
Spokane County is a county located in the U.S. state of Washington. As of the 2010 census the population was 471,221, making it the fourth-most populous county in Washington state. The largest city and county seat is Spokane, the second largest city in the state after Seattle.
Geography
According to the United States Census Bureau, the city has a total area of 38.06 square miles, of which 37.77 square miles is land and 0.29 square miles is water. Water features in the city include Shelley Lake, a small lake which is fed by the Saltese Creek.
The City of Spokane Valley lies along the banks of the Spokane River as it flows from its source in Lake Coeur d’Alene on its way to the Columbia River at the Franklin D. Roosevelt Lake reservoir. The city lies along both banks of the river, but most of the city lies to the south of the river. To the south of the valley in which the city sits is the southern extent of the Selkirk Mountains, which are most prominent in the area east of Coeur d’Alene[unreliable source?] The valley is within the Northern Rockies Level III ecoregion.The valley exhibits signs of the prehistoric geologic events that shaped the area and region such as the Missoula Floods which ended 12,000 to 15,000 years ago.
Employment
Spokane Valley has an unemployment rate of 6.4%. The US average is 6.0%.
Spokane Valley has seen the job market decrease by -0.6% over the last year. Future job growth over the next ten years is predicted to be 33.9%, which is higher than the US average of 33.5%.
Transportation
Due to the city’s suburban nature and its rural roots before its post World War II suburbanization, the design of Spokane Valley’s streets contain many curvilinear streets, discontinuous streets, cul-de-sacs, and other features typical of suburbs. The major retail corridor and one of the most highly trafficked arterial roads in the city is Sprague Avenue, which travels east–west from downtown Spokane to Liberty Lake. Other east–west arterials for the valley include Trent Avenue, Mission Avenue, Broadway Avenue, and 32nd Avenue. Sprague Avenue in Spokane Valley is designated as Interstate 90 Business and Trent Avenue carries the designation of Washington State Route 290, where it is routed from the Interstate 90 Hamilton interchange in Spokane northeast to the Idaho border. For north–south travel, the major arterial streets are Argonne/Mullan roads, Pines road, Evergreen road and Sullivan road
Hard Money Loan Scenarios Spokane Valley, WA
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