


Financing your purchase is one of the most amazing features of real estate investing, it allows you to leverage your investment with some of the most favorable terms of any investment class.
Lenders
Gabe Whitmer Zack Nelson Rusty Weink Craig Brumlow FirstBank Mortgage | 423-548-5155 269-209-0123 423-432-5735 423-355-3162 | gwhitmer@firstbankonline.com zachary.nelson@firstbankonline.com rusty.wienk@firstbankonline.com Craig.Brumlow@firstbankonline.com | Conventional primary, second home, and investment property loans Based in Chattanooga Also investors Bank has very competitive rates Can loan in 47 states |
Nancy Hale TVFCU | 423-580-3810 | Nancy.Hale@tvfcu.com | -Commercial loans with great rates -Avoid conventional loan limits -Special options for utilizing -equity towards future purchases |
Nick Velez The One Brokerage | 352-229-0549 | nick@theonebrokerage.com | -Offer a DSCR loan that can use AirDNA estimated income, giving you a better DSCR ratio and a lower rate -Offer a 15% down DSCR loan option for STRs -Fees are $1295 lender fee + 2% origination fee |
Upen Patel Federal Savings Bank | 571-331-5161 | upatel@thefederalsavingsbank.com | -Able to finance somewhat “out of the box” deals -Can go up to 50% DTI -Full doc loans -Debt service coverage ratio (DSCR) loans |
Mark Welch KRAM Capital Group | 678-832-7558 | Mark_Welch@kramcapital.com | -Commercial Loans -STR and Renovation Loans -Debt Service Coverage Ratio (DSCR) Loans -Jumbo Loans |
Cash Out Refinancing
David Rawiszer – LeaderOne Financial | 423-326-8455 | DavidRawiszer@leader1.com | Can do up to 80% or 90% LTV on cash-out-refinance for investment properties. |
Alex Chin – Certain Lending | 206-800-1082 | alex@certainlending.com | Can do up to 80% LTV cash-out-refi for investment properties. |
Hard Money Lenders
James Noonan – Convoy Home Loans | 541-591-8503 | James@ConvoyHomeLoans.com | No appraisal required so they can close quickly; competitive rates and fees. |
Mike Kennedy – FLIPCO rep | 888-703-3547 | mkennedy@flipcofinancial.com | No appraisal required so they can close quickly; competitive rates and fees. |
Drew McCabe – Zephyr Lending | 303-929-4013 | drew@zephyrlending.com | Partnered with LaRossa Construction No Draw Fees when using LaRossa Quick turnaround |
Tony Williams- Chattanooga Funding | 423-591-2222 | chattanoogafunding@gmail.com | 2 Options: 3 month note, 3% origination fee and 15% interest; 6 month note, 5% origination fee and 15% interest Finance 100% for purchase and rehab up to 70% of the ARV They do NOT require an appraisal, and can fund in 24-48 hours; they underwrite the deal themselves based on their experience |
Creating an LLC
Some people choose to own properties in an LLC. Here are some resources if you choose to do so.
- How To Create a TN LLC
- Walks you through the LLC creation process
- Tennessee Businesses State Website
- Where to research name availability and register your LLC
- Tennessee Registered Agent
- One choice to use as a Registered Agent
- Virtual Mailbox Service
- To keep your primary residence off records, you can use a virtual mailbox service
1031 Exchanges
Drew McCabe – ERG 1031 | 303-929-4013 | drew@erg1031.com |
Dave Foster – ERG 1031 | 850-889-1031 | dave@erg1031.com |


Self-Directed IRAs
Self-directed IRAs allow you to use retirement funds to invest directly in real estate. It can be a great option for people wanting to do flips where tax liabilities are typically higher than other real estate investing strategies or people just getting started in REI and that do not have a lot of capital available outside of retirement accounts. Below are links to several self-directed IRAs that may be useful in your investing journey
Derreck Long – Quest Trust Company | derreck.long@questtrust.com | Has great educational resources on their website. |
Kent Kinzer – Equity Trust | k.kinzer@trustetc.com |
Furnishing of any names of Service Providers by the Broker or Broker’s Affiliated Licensee is done as a ministerial act and only as a courtesy, and does not in any way constitute any warranty or representation as to the quality of the Service Providers, their services, or subsequent reports. Clients/Customers acknowledge that they have the option to select any Service Provider of their choice, including any not listed above and that Broker or Broker’s Affiliated Licensee is not responsible for any representation, guarantees, or warranties of the selected Service Providers or their services. For good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Clients/Customers herewith releases the Broker, the Broker’s Affiliated Licensee, and/or their employees from any liability of claim arising out of or in connection with the services of the Service Provider.