Buying & Selling Real Estate Discussion

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Eric Dame
  • Murfreesboro, TN
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Investment Property Lenders in Nashville/Murfreesboro

Eric Dame
  • Murfreesboro, TN
Posted Jun 21 2019, 09:17

I am new to real estate property investing in and around Nashville, TN, and I have my first multi family/triplex under contract. My plan is to build a business of several small multi family units for passive income. Does anyone have a recommendation for a lender in the Nashville/Murfreesboro  area that is good to work with on an ongoing basis/multiple loans?

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Dan Gamache
  • Lender
  • Boston, MA
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Dan Gamache
  • Lender
  • Boston, MA
Replied Jun 21 2019, 09:22

@Eric Dame are you able to put 20-25% downpayment? Private Lender can offer 30 year products (fixed or adjustable). No personal income verified, underwritten based on cash flow of property.

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Nathan Beach
  • Property Manager
  • Lebanon, TN
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Nathan Beach
  • Property Manager
  • Lebanon, TN
Replied Jun 21 2019, 09:40

Sending you a DM.

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Luke Carl#2 Short-Term & Vacation Rental Discussions Contributor
  • Rental Property Investor
  • Tennessee Florida
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Luke Carl#2 Short-Term & Vacation Rental Discussions Contributor
  • Rental Property Investor
  • Tennessee Florida
Replied Jun 21 2019, 09:44
Originally posted by @Eric Dame:

I am new to real estate property investing in and around Nashville, TN, and I have my first multi family/triplex under contract. My plan is to build a business of several small multi family units for passive income. Does anyone have a recommendation for a lender in the Nashville/Murfreesboro  area that is good to work with on an ongoing basis/multiple loans?

 Any bank or broker can do what you’re looking for as long as they’re 4 units or under. Just call around and find someone that actually calls you back and answers questions! Be careful with your numbers in those parts. Very difficult to cash flow. 

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Dan Beaulieu
  • Lender
  • Nashville, Tennessee (TN)
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Dan Beaulieu
  • Lender
  • Nashville, Tennessee (TN)
Replied Jun 24 2019, 06:19

Sending you a DM