No W-2. No Tax Returns.
Memphis real estate investors: finance rental properties using the property's income — not your personal income. 30-year fixed terms. 660+ credit. LLC borrowing. Close in 10 days.
Check My Memphis Rate →DSCR rental loans in Memphis qualify based on the property's rental income, not your W-2 or tax returns. Min credit 660 (640 with compensators), max 80% LTV purchase / 75% cash-out, 30-year fixed terms, LLC borrowing allowed, close in 14-21 days.
LendingStreet has structured $4.36B+ across 8,196 deals nationwide. NMLS #1734316 · 30+ capital sources · 50 states.
Memphis is the logistics capital of the US — FedEx World Hub (largest cargo hub globally), UPS, and Amazon operations drive massive employment. Median prices under $200K combined with 9-12% rental yields make it exceptional cash flow territory. Careful neighborhood selection is critical — some areas are investor-strong, others are not. Partner with local property management.
Active investor market with strong rental demand and dscr activity.
Active investor market with strong rental demand and dscr activity.
Active investor market with strong rental demand and dscr activity.
Active investor market with strong rental demand and dscr activity.
Active investor market with strong rental demand and dscr activity.
We also fund investments throughout the greater Memphis metro including Germantown, Collierville, Bartlett, Cordova, and Lakeland.
Memphis rental properties typically need a DSCR of 1.10x to 1.25x to qualify. Higher DSCR unlocks better pricing. Properties in Germantown often qualify easily on gross rent alone.
Memphis markets favor SFR, 2-4 unit multifamily, and small apartment buildings. Some lenders impose condo restrictions. STRs require DSCR programs that accept projected revenue.
All LendingStreet DSCR programs in Memphis allow LLC borrowing with personal guarantees. Standard for asset protection.
Memphis's 3.5% YoY appreciation makes cash-out refinancing attractive. Typical caps: 70-75% LTV. Use equity to acquire more Memphis properties.
Yes. DSCR loans qualify based on the Memphis rental property's projected income — not your personal income. No W-2, no tax returns required.
Most Memphis DSCR programs require a minimum 660 credit score. Some programs allow 640 with compensating factors.
Most lenders require a minimum DSCR of 1.00x. Better pricing kicks in at 1.20x+. Memphis rental yields average 10.8% making 1.20x achievable in most submarkets.
Yes. LendingStreet DSCR loans in Memphis allow borrowing in an LLC with a personal guarantee.
Memphis DSCR loans typically close in 14-21 days from complete application. Well-prepared borrowers can close in 10-14 days.
Yes. STR-specific DSCR programs qualify based on projected short-term rental revenue. Some Memphis areas have STR restrictions — verify local rules.
Standard DSCR loans in Memphis go up to $5M. Jumbo DSCR programs extend to $10M+ for qualified borrowers.
Yes. Rate-and-term refis and cash-out refis are available on Memphis rentals. Cash-out caps at 70-75% LTV.
Through LendingStreet's marketplace, Memphis investors typically see 80% LTV on purchases, 75% on cash-out refinances, 1.0x minimum DSCR, loan amounts from $150K with no maximum, and 30-year or interest-only structures. LLC borrowers are standard and no W2 or tax returns are required - the property's rent carries the loan.
Activity is concentrated in areas like Cooper-Young, High Point Terrace, Berclair, and Raleigh, where gross yields that routinely top national turnkey lists. Because DSCR underwriting is rent-driven, neighborhoods with strong rent-to-price ratios qualify most comfortably.
Typical Memphis DSCR closings run 14-21 days. Speed-sensitive acquisitions can be structured as a 5-10 day bridge close with a DSCR refinance after stabilization - both placed through the same marketplace application.
Every direct lender has one credit box. LendingStreet runs your Memphis deal across 30+ capital sources - including sub-1.0 DSCR, jumbo, and STR-friendly specialty programs - and returns 2-3 competing quotes, typically within 48 hours. The market here rewards it: one of the most active turnkey and out-of-state investor markets in the country.
Yes - LendingStreet (NMLS #1734316) places investment property loans in all 50 states, including every Tennessee market. DSCR, fix & flip, bridge, construction, multifamily, and blanket portfolio loans are all available to Memphis-area investors.
No credit pull. No commitment. Speak with a licensed financing firm with direct access to 30+ capital sources.
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2-3 competing quotes from 30+ capital sources. No credit pull. No commitment.
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