Vancouver Hard Money Lenders
Intrust Funding is a Vancouver real estate hard money lender providing residential loans to investors in Clark 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.
Hard Money Loans for Real Estate Investors
Funding in 48 Hours
No Appraisals | No Draw Inspections
Rehab & Construction Loans
Vancouver Hard Money Loans
People in Vancouver are looking to real estate more and more to achieve financial freedom. Private investors looking for Vancouver commercial real estate choose us for buy & hold and fix and flip projects in Clark 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 funding in 48 hours, our borrowers appreciate that our application process is quick and simple. We make real estate investing easy.
Vancouver, WA, Real Estate Marketing Data
View up-to-date data for Vancouver’s real estate market.
Real Estate Investment Loans for Vancouver, WA
As leading private loan lenders in Vancouver, 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 short term 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. Many investors use our residential loans to acquire a property, renovate an investment, or as a cash-out refi from another lender. All loan fees, which include a transaction and origination fee, are rolled into the total amount of the loan. The only payments due during the course of the loan is the interest payment at 1% per month. There are no early payoff fees, making our competitive rates equal to or better than other private money lenders in Clark County. At the end of the loan term, a balloon payment is due, which investors pay by renting, selling, or refinancing their investment property. Intrust Funding is here to help real estate investors in the city of Vancouver, secure their investment property by providing quick processed loans and expert investment counseling.
Vancouver Bridge Loans
Sometimes hard money loans are called bridge loans. This is because bridge loans act as bridges between quick, short-term and long-term financing. Investors looking for bridge loans in Vancouver, Washington, trust Intrust Funding to give them the best deals in Clark County.
Rehab Loans for Vancouver Real Estate
For Vancouver real estate investors who need hard money to fund both the acquisition of a property and the renovation costs, Intrust Funding’s Vancouver rehab loans roll up everything into one loan, for your convenience.
AirBnB Loans for Vancouver, WA
The AirBnB business model is simple. It is a two-sided platform that facilitates the process of renting out and booking a commercial property for travelers to stay in. Any real estate investor will tell you that an AirBnB commercial real estate property in Vancouver offers a great return on investment as a short term rental during holidays, vacations, and getaways.
Fix and Flip Loans Vancouver, WA
Today, fix and flips are all the rage. One reason for this trend is the way seasoned investors leverage hard money to fund fix and flip projects. Let us help you out on your next Vancouver fix and flip with our hard money loan!
Cash Out Refinance Hard Money Loan
If you need to refinance a hard money loan for an investment property in Vancouver, we fund cash-out refi loans every day. Whether you need a longer loan period, want to cross-collateralize investments, or more, our Vancouver cash out refinance loans are for you.
BRRRR Method in Vancouver, Clark County
The BRRRR method involves five steps: buying, rehabbing, renting, refinancing, and then repeating this process for investing in commercial real estate properties. For real estate investors in Vancouver, Intrust Funding has become a popular private money lender on BRRRR projects.
Vancouver is a city on the north bank of the Columbia River in the U.S. state of Washington, located in Clark County. Incorporated in 1857, Vancouver has a population of 190,915 as of the 2020 census, making it the fourth-largest city in Washington state. Vancouver is the county seat of Clark County and forms part of the Portland-Vancouver metropolitan area, the 25th-largest metropolitan area in the United States. Originally established in 1825 around Fort Vancouver, a fur-trading outpost, the city is located on the Washington–Oregon border along the Columbia River, directly north of Portland, and is considered a suburb of the city along with its surrounding areas.
The Vancouver area was inhabited by several Native American tribes, most recently the Chinook and Klickitat nations, with permanent settlements of timber longhouses. The Chinookan and Klickitat names for the area were reportedly Skit-so-to-ho and Ala-si-kas, respectively, meaning “land of the mud-turtles”. First known European contact was made by William Robert Broughton in 1792.
The second most populous county in Washington state, Pierce County is home to more than 790,000 people. Named after U. S. President Franklin Pierce, Pierce County is home to Mount Rainier, a volcano, and the tallest mountain in the Cascade Range.
Clark County began as the District of Vancouver on July 27, 1844. It included all the land north of the Columbia River, west of the Rocky Mountains, and south of Alaska. In 1845 the provisional government changed its name to Vancouver County. At that time it stretched from the Columbia River to 54 degrees 40 minutes North Latitude in what is now British Columbia. On June 15, 1846, the United States Senate approved the present boundary between the U.S. and Canada at the 49th Parallel.
Vancouver is located just north of the Columbia River and the Oregon border, just west of where the Columbia River Gorge bisects the volcanic Cascade Range and just east of where the Willamette River enters the Columbia. The city of Vancouver is in the Western Lowlands region of Washington. When clouds do not blanket the Puget–Willamette trough formed by the Cascade and Coast Range, Mount Hood, Mount St. Helens, Mount Rainier, Mount Jefferson and Mount Adams are all visible from Vancouver.
Vancouver has an unemployment rate of 6.4%. The US average is 6.0%.
Vancouver has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 38.8%, which is higher than the US average of 33.5%.
Vancouver has two interstate freeways, I-5 and I-205, both of which run north–south, across the Columbia River into Portland and toward Seattle. It also has two heavily travelled state highways within the city limits. SR 14 begins at I-5 in downtown Vancouver and makes its way east. It is a freeway all the way until Camas. SR 500 begins from I-5 at 39th Street in north Vancouver, travels east connecting with I-205, and continues east into the suburb of Orchards where the freeway terminates at Fourth Plain Boulevard, and meets with the south end of north–south-oriented 117th Ave., SR 503. A third state highway, SR 501, starts at I-5 and heads west through downtown and continues along a path that runs between the Columbia River and Vancouver Lake.
Hard Money Loan Example Vancouver, WA
James Dainard, a Principal of Intrust Funding,...
If you want to use real estate as part of an overall investment strategy, consider BRRRR method hard money lenders who can help you finance the purchase and rehab costs in one lump sum.
Are you wondering what the differences are...
We all pay taxes every year. Sometimes, there...
On April 24th, the investment community received...
Since 2008, conversations and questions about the pros and cons of hard money loans have taken over the real estate investment world. Some private investors are still confused about the nature of these loans, while others have jumped on the bandwagon and partner with hard money lenders to fund every project.
The truth is hard money loans are relatively simple investment tools with quite a few benefits that often go overlooked. Here are the facts:
“Foreclosures are great real estate investments, but many traditional lenders see the risk and not the reward on these properties. That’s why more real estate investors are using hard money loans to buy foreclosures.” – Loren Howard
A hard money loan makes it easy to buy, repair, and profit from foreclosure real estate investments. Real estate investors can also close on properties faster than ever because hard money loans aren’t credit based and can be funded in as little as 48 hours by lenders like Intrust Funding.
As hard money lenders we’ve seen perfectly legitimate investment opportunities turn into financial crises because of borrowers’ inexperience in choosing and managing contractors. If you’re new to this process, don’t worry! Here are a few tips for working with contractors successfully.
Many lenders, Intrust Funding included, refuse to finance investment properties that they do not believe will be successful. In the instance that an investor is rejected because of the property, it is a good idea for the investor to either request a second opinion or not purchase the property at all. While it may seem preferable to get a second opinion, the lenders that advise against purchasing a property are working in your best interest and are not interested in attaining your collateral, but rather in funding a successful deal.
It’s the bottom of the ninth and there are two outs. Who is batting for you? You’ve done your research, your financial documents are ready, and you’ve found the investment of your dreams, but how do you decide who to trust to back you financially? Here are key characteristics to help you find a lender that’s right for you. Hit this one out of the park!
Pro Tip: Hard Money Lenders with High Default Rates Should Always be Avoided!
Fix and flip real estate investors may look glamorous on TV, but what they don’t show you is the steps taken for purchasing an investment property. Like most of us, they don’t usually have hundreds of thousands of dollars just sitting around in their bank accounts. In fact, the biggest obstacle for new investors isn’t the work required for property renovations but rather securing the funds to acquire their investment properties in the first place. And that’s where our fix and flip loan program comes into play.
Because hard money lenders fund projects conventional loans typically won’t cover, there are a lot of misconceptions about what hard money loans actually are.
Here Intrust Funding takes on a few common myths by talking about the facts.
As an alternative to conventional lending, many investors are using hard money lending.
One reason is because hard money lenders like Intrust Funding underwrite investment properties based on expected ARV (after repair value) rather than current property value. As a result, neither credit score nor property condition are significant factors when investors apply for hard money loans.
Leverage as defined in the lending industry is the use of borrowed capital to achieve a financial gain. Investors typically use leverage when they expect profits to be greater than the interest payable. Leveraging can significantly increase your overall cash on cash return when used properly. But what happens when you leverage too much and a deal goes wrong?
A look at the market from 2016. Since hard money lenders source their funds from private investors, a change in the federal interest rate does not have a direct effect on hard money borrowers.