Memphis Investment
Property Loans.
Memphis offers lower entry price points than Nashville, with value-add fourplexes, 5 to 10 unit buildings, and mixed-use corners where cash flow math often works at smaller loan sizes.
Talk through a propertyHow Memphis deals
actually look
Shelby County investors often target affordable single-family rentals, duplex and fourplex value add, and modest 6 to 10 unit apartments along major corridors. Price points here are typically well below Nashville, which changes leverage targets and how you size DSCR minimums.
Capituro underwrites Memphis properties on program splits by unit count: four units or fewer on residential DSCR, five to ten on small multifamily, eleven plus on apartment DSCR. Mixed-use with retail ground floors routes to Commercial DSCR when commercial income leads the story.
See all Tennessee investor financing for statewide program overview.
What investors own here
Affordable single-family rentals
Whitehaven, Raleigh, Frayser, and suburban Shelby County offer 1,200 to 1,800 square foot rentals often purchased between $120K and $250K. Loan sizing may need higher leverage to reach DSCR minimums of $250K on residential programs.
Duplex, fourplex, and 5 to 10 unit stock
Midtown, Cooper-Young, and older corridors contain duplex and fourplex inventory common for BRRRR strategies. Six to ten unit buildings appear along Poplar, Union, and Lamar corridors and fit 5 to 10 Unit DSCR with portfolio-style rent roll review.
Mixed use and neighborhood commercial
Retail ground floors with residential above appear on Broad Avenue, Cooper-Young, and highway frontage. Commercial-led mixed use fits Commercial DSCR. Pure apartment buildings route by unit count on multifamily DSCR.
Common Memphis loan lanes
Cash out refinance
Pull equity after stabilization on value-add residential and small multifamily.
Program details1 to 4 Unit DSCR
Entry rentals, duplexes, and fourplex value-add exits.
Program details5 to 10 Unit DSCR
Stabilized small apartments along major Memphis corridors.
Program details10+ Unit DSCR
Stabilized 11+ unit apartments. Refinance and cash out driven by NOI and DSCR, not residential DSCR rules.
Program detailsCommercial DSCR
Commercial DSCR for retail, office, warehouse, daycare, self storage, mixed use, automotive, light industrial, and assisted living property. Purchase, rate-and-term refinance, and cash out when leases and NOI support the request.
Program detailsWhat slows deals here
Lower rents versus minimum loan sizes
Purchase prices may be modest while DSCR minimums start at $250K residential and $500K on small multifamily. Leverage and property count may need adjustment.
Deferred maintenance in older stock
Pre-1970 housing often needs capex reserves reflected in NOI or repair credits at appraisal.
Short-term rental rules
Memphis STR regulations differ from Nashville and other Tennessee metros. Confirm local rules before underwriting income on short-term rental assumptions.