Chattanooga, TN is home to a growing number of opportunities for property flippers. From first-time flippers to career professionals, BMF Advisors provides funding solutions for fix and flip projects of every size. BMF Advisors is based in Chattanooga, so are able to keep our fingers on the pulse of the local property markets and understand the needs of property flippers throughout the city. Our fix and flip financing solutions are used throughout Chattanooga, including:

  • Downtown
  • North Shore
  • Southside
  • MLK and Fort Wood
  • Elmo
  • Lookout Mountain
  • West Village
  • Highland Park
  • Ridgedale
  • Orchard Knob

BMF Advisors offers comprehensive fix and flip loans, as well as fix and flip lines of credit for projects in Chattanooga, TN.

Loans for Property Flippers in Chattanooga, TN

BMF Advisors offers loans specifically designed for fix and flip projects in Chattanooga, TN. Property flippers who use fix and flip loans from BMF Advisors get access to the following features:

  • Loans from $50K to $7.5M for condos, town houses, and 1-4 unit multifamily
  • Loans from $250K to $10M for 5+ unit multifamily and mixed-use
  • Up to 90% of cost for acquisitions
  • Up to 100% of rehab cost
  • Up to 75% ARV
  • Rates as low as 7.49%
  • Terms up to 12 months with a 6-month extension available
  • No prepayment penalty

Our fix and flip loans can be used for a variety of property types in the Chattanooga area, including:

  • Condos
  • Mixed-use
  • Multifamily
  • Non-owner occupied 1-4 family
  • Town houses with 5+ units

At BMF Advisors, we know the challenges facing local property flippers when they are seeking the funding they need for acquisitions and renovations. As a response to lenders tightening their requirements, we have made the qualification process simple and easy:

  • Minimum as-is property value of $50K for single family homes
  • Minimum as-is value of $25K per unit for 2-4 family properties
  • Minimum as-is value of $35K per unit for 5+ family and mixed-use properties
  • 620 Minimum FICO

Lines of Credit for Fix and Flip Projects in Chattanooga, TN

Fix and flip lines of credit from BMF Advisors are both versatile and flexible. Property flippers in Chattanooga, TN can use our lines of credit for individual projects on up to entire portfolios spanning hundreds of units. Fix and flip lines of credit from BMF Advisors feature:

  • Credit limits up to $5 million
  • Available for 1 to 500+ properties
  • Up to 90% of cost for property purchases
  • Up to 95% of cost for renovations
  • Terms up to 12 years
  • Fast closings within 12 days

Property flippers in Chattanooga can use our fix and flip lines of credit for the following:

  • Condominiums
  • Single-family
  • Multifamily
  • Town houses

Contact Us Today

If you are taking on one or more fix and flip projects in the Chattanooga area, contact the experts at BMF Advisors to get the funding you need.