The real estate market in Sunnyside has everyone talking, especially in the private lending world. Private investors looking for Sunnyside commercial real estate choose us for buy & hold and fix and flip projects in Yakima County. For long term wealth and passive income, many of our borrowers choose one of our loan options to follow the BRRRR method, popularized by Bigger Pockets. Intrust Funding provides short term loans that range from 5 to 12 months. With an easy, transparent, and quick application process, Intrust Funding can provide funds for investments within 48 hours of approval. That means buying properties quickly and repaying loans in no time. Real estate investing has never been easier.
As leading hard lenders in Sunnyside, we are known for our simple rehab loan qualification process! Prequalifying for a short term 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 short term 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 Yakima County. At Intrust Funding, we provide cash on hand, hard money loans, with no money out of pocket, to investors in the city of Sunnyside.