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Updated over 7 years ago on . Most recent reply

Allan Smith's profile image
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Allan Smith
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Allan Smith
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Allan Smith
  • Developer
  • Nashville, TN
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Chattanooga Real Estate Forum

Commercial Lenders in Chattanooga? (Lend based on cash flow)

Allan Smith
  • Developer
  • Nashville, TN
Posted

Greetings! I have a SD-IRA and I need to deploy. This looks like a good area to work with.

Does anyone recommend some local banks for portfolio lending? Someone who would do a rehab loan to wrap into a 15 year+ loan on a rental. No w-2 income so the Regions/BoA/Etc won't work here. Thanks!

Chattanooga, Tennessee
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William Allen
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  • from Nashville, TN
  • Member since Jul 3, 2014
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William Allen
  • Investor / Wholesaler
  • from Nashville, TN
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William Allen
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  • Nashville, TN
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William Allen
  • Investor / Wholesaler
  • Nashville, TN
Replied

Try @Jimmy Moncrief, he's a local guy in Chattanooga and may be able to help you out.  If not, I know some in Nashville that may lend in Chattanooga but you may be wasting your time if they don't.  Start with Jimmy and then let me know...

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