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TN Real Estate On The Fast Track With High Speed Internet & New Rental Property Loans:

TN Real Estate Technology is Ready

The stars are shinning on the Tennessee real estate market with a surge in media attention, ridiculously fast internet, and new mortgage loans for rental property investors…

It’s music to the ears of investors already engaged in the TN real estate market, and we’re not talking about the Blues. While newcomers to the Tennessee property seen will find capital plentiful.

Tennessee: Tiny State, Big Performance

Tennessee has delivered an enormous amount of man power to battlefields, was home to the enrichment facility which helped build the world’s first atomic bomb, gave birth to the Blues, and Elvis Presley.

Now TN continues to forge ahead in innovation and output. According to TN commercial property analyst, Carnell Scruggs, CCIM, who has been quoted in a Mark Cuban backed whitepaper; says 2010 and 2014 were pivotal years for the state’s market. Scruggs also comments that while multifamily may face challenges in the short term, retail, office and residential are experiencing significant development.

  • $111M investment in 250 times faster internet earned Chattanooga the name ‘Gig City’
  • Local government backed programs have offered paid relocation assistance to talented workers moving into the area
  • Google has said it is setting its sights on developing Nashville next
  • At least 6 reality TV shows were being filmed in Nashville in 2014.

Numerous publications have named TN as one of the best places to invest in 2014

2014 TN Real Estate Stats

The Memphis Association of Realtors reports:

  • Average home sales prices rose 10.2% to July 2014
  • Average DOM dropped 7.7% in July 2014 to 72 days
  • 486 homes sold in less than 30 days

The Greater Nashville Association of Realtors reports:

  • Home sales volume was up 3.4% yoy as of August 2014
  • Nashville, one of few US markets to experience increases in pending sales in summer 2014
  • The median home price rose to $221,000

Mortgage Lenders Funding New TN Surge

Rental Home Financing rolled out buy to rent blanket mortgages for TN real estate investors in 2014.

These investment property mortgages enabled existing landlords to efficiently leverage currently pent up equity, drive up yields by refinancing at lower rates, and acquire additional units to add to their rental property portfolios.

New technology, and large amounts of liquid capital have empowered lenders like Rental Home Financing to make borrowing easier and more affordable for investors, and they are bullish on TN income property.

New technology, and large amounts of liquid capital have empowered lenders like Rental Home Financing to make borrowing easier and more affordable for investors, and they are bullish on TN income property.

Discover more details of the latest TN investment property financing programs now.

State of Tennessee Real Estate Resources:

Landlord & Real Estate Law in Tennessee:

Tennessee Investment Real Estate for Sale by the Government.

Tennessee multi family housing may be available for purchase from Tennessee government offices.

State of Tennessee Real Estate Asset Management:

USDA-RD and USDA-FSA:

Government owned Multi Family Housing may be for sale by the USDA-RD and USDA-FSA.

To see if there are any RD/FSA rental properties for sale in Tennessee,CLICK HERE

Contact us today to help finance your Alabama investment property portfolio.

More than just a leading U.S. Blanket Mortgage Lender, Rental Home Financing is your partner for long term wealth building and cash flow generation. We’re invested in your long term success.

Contact us today and experience a refreshing new approach to financing investments…

Call today for more information: 888-375-7977 or CLICK HERE

Read 4301 times Last modified on Saturday, 08 April 2017 00:47

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