Fix and Flip Loans in Tennessee
AAPL Member · Direct Lender Since 2016 · NMLS #1979189
Tennessee has been one of the hottest investor markets in the Southeast for years, with strong flip activity across Nashville, Memphis, Knoxville, and Chattanooga. There’s no shortage of properties to buy, renovate, and resell — the hard part is funding them fast enough to win in a competitive market. Fix and flip loans in Tennessee from Tidal Loans solve that: short-term, asset-based financing that funds the purchase and the rehab based on the property’s after-repair value, not your tax returns. We’ve financed Tennessee flippers as a direct lender since 2016, we lend our own capital, and we offer up to 100% financing on qualifying Tennessee deals.
A fix and flip loan is a form of hard money — the property is the collateral, and we underwrite the deal rather than your personal finances. Instead of scrutinizing your credit score, we focus on what the property will be worth after repairs. That asset-based approach is what lets us move in days instead of weeks, which is exactly what Tennessee’s fast markets demand.
100% Fix and Flip Financing in Tennessee
The question we hear most from Tennessee flippers is whether we offer 100% financing, and on qualifying deals, we do. We can fund 100% of the purchase and 100% of the rehab as long as the combined amount stays within our after-repair-value limits — typically around 75% of ARV. When a deal fits that math, the only money you bring to closing is the closing costs, effectively a no-money-down flip. For deals above that threshold, our 100% CLTV structures let a seller or second-position lender carry the remaining equity. We walk through the full ARV math and a worked deal example on our fix and flip hub, and you can model any Tennessee deal with our fix and flip deal calculator.
To be clear on credit: we’re a property-first lender. We do review credit, so be cautious of anyone promising a literal “no credit check” loan, but a credit blemish that would sink a bank application usually won’t stop a Tennessee fix and flip deal with us.
Fix and Flip Lending Across Tennessee's Major Markets
Every Tennessee market flips a little differently, and we fund deals across all of them.
Nashville
Nashville is the engine of Tennessee real estate and our busiest market in the state, with fast-moving inventory and strong buyer demand across the metro. Our Nashville fix and flip loans fund the purchase and rehab so you can renovate and resell, or stabilize and refinance into a rental, in a market where speed is everything.
Building new instead of buying? See our Tennessee ground-up construction loans.
Memphis
Memphis remains one of the strongest cash-flow markets in the state, with affordable entry prices that make the flip math work easily. Our Memphis fix and flip financing funds the purchase and rehab so you can capture distressed inventory and turn it around quickly.
Knoxville
Knoxville’s steady growth and university-driven demand make it a reliable market for both flips and rentals. Our Knoxville fix and flip loans help investors move on properties that need work before they’re ready for the market.
Chattanooga
Chattanooga has quietly become one of Tennessee’s more interesting investor markets, with strong demand and a revitalizing core. Our Chattanooga fix and flip financing closes fast enough to keep pace with a competitive market.
We also fund flips in Clarksville, Murfreesboro, Franklin, Jackson, and the surrounding submarkets statewide.
From Flip to Hold: the BRRRR Strategy in Tennessee
Not every Tennessee project ends in a sale. Many of our investors run the BRRRR method — buy, rehab, rent, refinance, repeat. We fund the purchase and rehab, you place a tenant, and instead of selling you refinance into a long-term Tennessee DSCR loan that qualifies on the rent, then pull your capital back out through a cash-out refinance. You recycle that capital into the next deal and do it again. If your project needs to bridge a timing gap before permanent financing, our Tennessee bridge loans cover that too.
A Real Tennessee BRRRR: Rozelle, Memphis
The clearest way to show how our fix and flip financing turns into a long-term hold is a deal we did in the Rozelle neighborhood of Midtown Memphis — an older, close-in submarket where solid pre-war homes still trade cheaply enough that a light cosmetic rehab pencils.
This one came to us through a broker we’ve closed with repeatedly, and the borrower was a first-time investor. The goal was never a flip-and-sell — it was a BRRRR: buy it, run a quick cosmetic renovation, get it leased, then refinance and pull the original capital back out to redeploy. We ran both ends of it, the purchase-and-rehab loan and the cash-out refinance.
- Purchase price: $150,000
- Cosmetic rehab: $29,000
- All-in cost: $179,000
- Appraised (after-repair) value: $249,000
- Cash-out refinance loan: $186,750 — 75% of appraised value
Because we don’t require a seasoning period once a property has been renovated, the borrower didn’t have to wait months to refinance. We closed the cash-out refi as soon as the home was leased — the tenant had signed but hadn’t even moved in yet — at 75% of the $249,000 appraised value. That $186,750 loan returned the borrower’s invested capital and left them holding a rented, cash-flowing property with essentially none of their own cash trapped in the deal. For a first-time investor, that’s the entire BRRRR thesis proven on the first attempt — and it’s the kind of purchase-through-refinance execution that stays on one timeline only when a direct lender runs both loans in-house.
Tennessee Fix and Flip Loan Parameters
Loan Details
Frequently Asked Questions
Yes, on qualifying deals. We can fund 100% of the purchase and 100% of the rehab as long as the combined amount stays within our after-repair-value limits. When a deal fits that math, the only cash you bring to closing is the closing costs. For deals above that threshold, our 100% CLTV structures let a seller or second lender carry the remaining equity, which makes Tennessee’s cash-flow markets especially accessible.
ARV is the after-repair value — what the property will be worth once your renovation is complete, backed by comparable sales and an appraisal. We size your loan against it, typically keeping your total purchase-plus-rehab within about 75% of ARV. The stronger the spread between your total cost and the ARV, the more leverage we can offer, up to 100% financing on qualifying Tennessee deals.
There’s no hard cutoff, because the property carries most of the underwriting weight. We do review credit, and a stronger score improves your terms, but a blemish that would stop a Tennessee bank often won’t stop a fix and flip deal with us. We focus on the deal’s margin and your plan, which is why investors with credit challenges still get funded.
We close fast — and when a deal demands it, we can close in days. Because we underwrite the property rather than your income, there’s far less paperwork than a conventional loan, no tax returns to dig up, and no slow committee. In a fast market like Nashville, that speed is frequently what wins the deal over a buyer waiting on bank financing.
Yes. Many Tennessee investors buy and renovate with a fix and flip loan, then keep the property as a rental by refinancing into a DSCR loan that qualifies on the rent. That’s the BRRRR strategy, and it works especially well in Tennessee’s strong cash-flow markets like Memphis and Knoxville.
We lend statewide. Nashville is our highest-volume market, but we actively fund fix and flip loans in Memphis, Knoxville, Chattanooga, Clarksville, Murfreesboro, Franklin, Jackson, and the surrounding areas. Each market has its own ARVs and renovation costs, and we structure each loan to fit the property and the local market.
Ready to fund your Tennessee deal?
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