Chattanooga Service Providers

  • LENDERS
    • Will Hollister, Loan Officer, Atlantic Coast Mortgage (based in Northern Virginia)
      • Cell 703-789-0629, whollister@acmllc.com
      • Based in Northern Virginia, licensed in TN as well, works with a lot of investors, competitive rates and great service
    • Gabe Whitmer, Mortgage Banker, FirstBank Mortgage
      • Office: 423.308.2207, Cell: 423.584.5155, gwhitmer@firstbankonline.com
      • Based in Chattanooga, he’s in investor, bank has very competitive conventional investment mortgage rates, can loan in 47 states
    • Upen Patel, Senior Vice President, The Federal Savings Bank
      • Cell (571) 331-5161, upatel@thefederalsavingsbank.com
      • Able to finance somewhat “out of the box” deals, can go up to 50% DTI, on Fannie/Freddie loans bank has no additional overlays, also offers non-Fannie/Freddie loans: a full doc loan and a debt service coverage ratio (DSCR) loan
    • Dan Beaulieu, Longhorn Investments
      • Hard Money Lender
      • Dan’s very responsive abd knows Chattanooga well.  His cost is 3 points and 12% for the 1st three deals, then 2 points and 10%.  There is the fee for an appraisal and fees for the inspections for draws.  Can loan up to 75% of ARV, so if your total purchase and reno is going to be less than 75% of ARV, you can be in it for no cash.
  • TITLE COMPANIES
    • Bridge City Title- Downtown
      • (423)-417-1344, orderdt@bridgecitytitle.com
      • 1830 Washington Street, Chattanooga, TN 37408
      • In addition to standard closings, they can do deed transfers post closing (like to an LLC)
    • Key Title and Escrow Chattanooga
      • 423-206-2226, info@keytitle.net
      • Frazier Avenue, Suite 110 Chattanooga, TN 37405
      • About 70% of their transactions are investment deals, so they are very familiar with the nuances, issues, etc.
  • CONTRACTORS
    • LaRossa:
      • Focuses on working with investors, most clients are out of town
    • Trident:
      • Focuses on working with investors, most clients are out of town
    • David Hunter, DBH Construction LLC
  • PROPERTY MANAGERS
    • Whitewater (Ashley Cross)
      • Regularly works with LaRossa and Trident; very reasonable fees; can also do “project management” to oversee a renovation for 10-15% fee
    • Evernest (Adam Spicer)
      • (423) 443-5805, Aspicer@evernest.co
      • Growing company with 300+ doors in Chattanooga, one of several locations across the country
      • 3069 Broad Street, Suite 2, Chattanooga TN, 37408
    • Hemlane:
      • Property management online platform that partners with local service providers (like me!) for your “boots on the ground” needs
  • HOME INSPECTORS
    • Chattanooga Home Inspector
      • They can also do termite inspections
      • Offers a Full Inspection (price based per square foot) or an Investor Inspection that focuses on the house’s main systems (roof, attic, water heater, HVAC, electrical service panel, plumbing, and foundation; includes crawl space and basement) for $275 for a SFH
  • TERMITE INSPECTORS
    • Vic Manning, 706-459-9730
  • INSURANCE PROVIDERS
    • Matt Ollis, VP of Sales East Insurance
      • Matt@eastinsurance.net, (615) 622-4545
      • Specializes in working with real estate investors
    • John Brock, Brock Insurance Agency
      • johnb@brockins.com, 423-605-4197
      • brockins.com
      • Able to quote homeowner and landlord insurance policies from multiple carriers
      • Can provide builders risk insurance for a fix and flip or BRRR
  • SHORT TERM RENTALS

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 avode 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.