Tennessee Hard Money Loans

-Private Hard Money on Demand

 

Tennessee hard money loans are a powerful financing option for real estate investors, and they offer several unique benefits.

When Tennessee investors aren't wearing orange (or hoping to never see the color again) they're busy closing great real estate investing deals with big payoffs.

Hard money loans can give your real estate business the extra push it needs because, as equity-based loans, they are specifically designed for the kinds of property purchases that REIs look for.

With DoHardMoney, we further customize our hard money lender services for real estate investing by offering 100% financing and no loan payments until your fix and flip is complete.

For a no obligation discussion about your loan:

  • Call us at 1-800-284-0076, or
  • Fill out the Contact Form Below
.

Contact us for a no obligation discussion of your loan needs.

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Loan Terms for
Tennessee


Loan Amounts

  • $40,000 - $150,000

Rates

  • 13.5% - 18%

LTV Max

  • 65% after repair value (ARV)

100% Gap Financing

  • available if needed

Credit Condition

  • any

Tennessee Real Estate Market
Statistics (2012)

Highest Selling County Davidson
# of Single Family Flips 1,230
Average Purchase Price $108,851
Gross Profit Percent 35%
National Average 9%
Comparison to National Average 26%
Average Gross Profit per Flip $38,020
Preferred Lending State Yes

  * Statistics courtesy of RealtyTrac and DoHardMoney.com

  • Larry from NC - Testimonial

About Hard Money Loans in Tennessee

Knowing your way around Tennessee requires some locals-only insight. Someone from out of state might not know right off the bat that "Mar-vull" means "Mary-ville", and so forth.

It also helps real estate investors to have a little insider knowledge on the real estate financing world before getting a hard money loan. 

For example, did you know that hard money loans also go by the names private money loans and bridge loans? They're all the same kinds of loans. The money for our Tennessee hard money loans comes from private investors, as opposed to money tied to a financial institution, and that's the reason for the "private money" part. They get called bridge loans because hard money loans are often used to "bridge" borrower from one form of financing to another.

When talking about hard money lenders, the terms work the same way. Hard money lenders are also private money lenders and bridge loan lenders.

One of the most distinctive features of a hard money loan is that hard money lenders do not qualify the borrower to approve loans. Instead, we focus on evaluating the investment property and qualifying the overall deal. At DoHardMoney, we won't even check your credit score to approve your loan.

Once your loan is approved, we'll determine the lending amount based on the after repair value of the subject property, and you'll be on your way to another successful REI deal.

Real Estate Investing in Tennessee

The Tennessee real estate market is looking great, which is why we're able to offer excellent rates and lending terms on our Tennessee hard money loans. 

Read below for a list of Tennessee cities and counties where DoHardMoney is ready to issue funds:

Alcoa, Almaville, Alpha, Anderson County, Athens, Bartlett, Bedford County, Benton County, Bledsoe County, Bluff City-Piney Flats, Brentwood, Bristol, Brownsville, Carter County, Cedars, Chattanooga, Cheatham County, Chilhowee, Clarksville, Cleveland, Coffee County, Collierville, Columbia, Concord, Cookeville, Davidson County, Dickson, Dickson County, Dyersburg, East Brainerd, East Ridge, Elizabethton, Farragut, Fayetteville, Franklin, Gallatin, Germantown, Gibson County, Goodlettsville, Greene County, Greeneville, Hamblen County, Hamilton County, Hardin Valley, Hawkins County, Hendersonville, Jackson, Jefferson County, Johnson City, Kingsport, Knoxville, Knox County, La Vergne, Lanier, Lawrenceburg, Lebanon, Loudon County, Martha-Laguardo Martin, Maryville, Maury County, McMinnville, Memphis, Metropolitan Government, Middle Valley, Millington, Montgomery County, Morristown, Mount Juliet, Murfreesboro, Nashville-Davidson, Newport, Northeast Wilson, Oak Ridge, Powell, Red Bank, Rutherford County, Sevier County, Sevierville, Shelby County, Shelbyville, Smyrna, Snow Hill,Soddy-Daisy, Springfield, St. Bethlehem, Sullivan County, Sulphur Springs, Sumner County, Telford, Tullahoma, Union City, Wsahington County, West Bradley, West Chester, White House Wildwood, Wilson County, Winchester, Woodlawn-Dotsonville

Get approved for your Tennessee hard money loan today. Apply online or call us at 1-800-284-0076. To your success!