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Updated 2 months ago on . Most recent reply

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Robin Simon
#3 Private Lending & Conventional Mortgage Advice Contributor
  • Lender
  • Austin, TX
4,415
Votes |
4,576
Posts

Best Tennessee Investment Property Loans (Hard Money / DSCR) - Easy Street Capital!

Robin Simon
#3 Private Lending & Conventional Mortgage Advice Contributor
  • Lender
  • Austin, TX
Posted

Easy Street Capital is proud to be a leading private lender for The Volunteer State! We offer industry leading Hard Money and DSCR Loans for every type of Tennessee Real Estate Investor. Easy Street Capital is the investment property loan provider for real estate investors of all experience levels and specialties, including popular strategies such as Short Term Rentals, Fixing and Flipping and the BRRRR Method! Our Tennessee DSCR Loans are perfect rental loans for the long-term real estate investor looking for cash flow. Our Tennessee Hard Money Loans are ideal for renovators looking to add value through rehabs or ground-up construction!

Check out the rest of this Tennessee Investment Property Loans page for all the information you need on our loan programs. Check out recently funded rental loans in Tennessee, information on all of our loan programs, FAQs, market analysis and more!

Real Estate investors nationwide are continuing to secure loans for rental properties in Tennessee to expand their portfolios. Tennessee is a current favorite of real estate investors for cash flow and appreciation! Easy Street Capital is proud to be a leading provider of rental loans for real estate investors looking to build rental portfolios in the state of Tennessee!

Investment Property Loan Types

When it comes to loans for rental properties in Tennessee, there are many markets and investment loan products to choose from. For investors that like to get their hands dirty, rehabbing run down properties, hard money renovation loans are a perfect choice! These loans allow you to buy a property quickly and finance your rehab costs as well! Once you are done, you can either “flip” the property for a quick profit or pursue the BRRRR Strategy by renting it out and then refinancing into a long-term, low-rate DSCR loan!

Long-term DSCR Loans are also great for investing in turnkey rental properties. Turnkey refers to properties that are rent-ready and require no renovations. Move-in ready single family homes and fully furnished short term or medium term rentals are great for cash flow and price appreciation. Most DSCR Loans are fixed rate for thirty years, locking you into a fixed interest rate for the long-term, while, if historical patterns continue, rents and appreciation increase steadily each year. Bottom line, debt costs stay the same while cash flow increases!


Where To Invest In Real Estate In Tennessee

Tennessee is a great market for real estate investment properties because of the diverse geographic options. There are large cities such as Nashville, Memphis and Knoxville with plenty of jobs and renters to fill up rental properties. There are medium-sized cities such as Chattanooga and Murfreesboro that have more affordable properties and less competition. Finally, the Smoky Mountain National Park features vacation destinations such as Gatlinburg, Sevierville and Pigeon Forge, with well established infrastructure and regulations for short term rental investors!

Read The Full Article Here!

Are you a Property Manager or Full-Scale Mortgage Broker (including Conventional, Non-QM) in Tennessee? We are looking for trusted professionals in Tennessee to refer our investor borrowers too! Comment or DM me to discuss, and we can potentially feature you on our website!

  • Robin Simon
  • [email protected]
  • Most Popular Reply

    User Stats

    4,576
    Posts
    4,415
    Votes
    Robin Simon
    #3 Private Lending & Conventional Mortgage Advice Contributor
    • Lender
    • Austin, TX
    4,415
    Votes |
    4,576
    Posts
    Robin Simon
    #3 Private Lending & Conventional Mortgage Advice Contributor
    • Lender
    • Austin, TX
    Replied

    Recent Easy Street Capital Tennessee Done Deals!

    💵Just Funded💵❄️BRRRR❄️
    $341,600 Refinance Rental Property Loan on a Single Family Rental in Nashville, TN! Repeat Borrower BRRRR - bought on the last business day of 2023 - 5 mo. turn renovated, rented, refinanced (80% LTV) capital back in hand! 1.11x DSCR on a "free" rental!

    💵Just Funded💵
    $792,000 DSCR Loan on a Short Term Rental investment property in Sevierville, TN! Investor has faced some challenging life experiences & even with poor credit & a tough market; we provided cash-out refinancing on this Smokey MT property to help bounce back

    💵Just Funded💵
    $136,500 Cash-Out Refinance DSCR Loan on a Duplex in Knoxville, Tennessee! Experienced ❄️BRRRR❄️ method investor in the East TN area strikes again, cashing out some equity on this fully leased duplex in order to continue plowing capital into his growing Real Estate portfolio!

    💵Just Funded💵
    $308,000 Rate-Term Refinance Multifamily (8-Unit Property) DSCR Loan for a repeat borrower in Dyersburg, Tenneessee! ❄️BRRRR❄️ method execution again, this property, scooped up in 2022 is now renovated and 100% leased, providing robust cash flow (1.56x DSCR)

    💵Just Funded💵❄️BRRRR❄️
    $227,200 Rental Property Loan (DSCR Loan) on a Single Family Rental in Clarksville, TN! 80% on a DSCR Refinance (PS - Rare Right Now -
    got it!) Another successful BRRRR execution for this repeat borrower - a 13-month turnaround! On to the next!

  • Robin Simon
  • [email protected]
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