Fast, Flexible, Reliable, No B.S. Loans, by Investors for Investors
Our Kick-A$$ Fix and Flip loans are fast, creative, lending solutions targeted to the challenges of investors who are property flipping. (We understand what you are looking for in a fix and flip lender because we’re investors, too, with plenty of real estate flipping experience!)
Forget the cash flip! Compared to other lenders and fix and flip companies, our loans give house flipping investors high leverage, quick-to-close, straight-forward investment property financing … with no surprises.
Lenders suck! We know! That’s why we are all about making your lender experience with us suck a lot less. Our Fix to Rent loan funds your entire project from purchase, to rehab, to rental. This means a faster turnaround on your money, less paperwork, one lender, and a lot less hassle on your way to handing over the keys to your first renter!
"I appreciated the responsiveness and team effort behind getting the deal done, the communication from the team while overcoming hurdles, and the personal aspect of working with you guys…iFC was still able to close a deal when other lenders were shut down."
—iFC Borrower: Fix and Flip Loan: Single-Family Home: Ambler, PA
Local Market Factors: Knoxville, Tennessee
Are you looking for a solid real estate investment opportunity?
Understanding a city’s growth trends, housing market, and economic foundation can help an investor determine whether or not Knoxville, Tennessee is a valuable location for investing in residential real estate. A healthy economy, filled with thousands of potential renters, coupled with appreciating properties, can make cities like Knoxville a solid investment destination.
Knoxville, Growth Trends
The U.S. Census Bureau is a great place to start. You can search by city to find annual statistics on Population, Total Housing Units, Owner-Occupied Housing Unit Rate, Median Gross Rent, Building Permits, Education, Economy, and Businesses, Employment, and more.
Knoxville, Housing Market
The real estate website Redfin offers statistics on housing market trends in the U.S. searchable by city, including Median Sale Price, Number of Homes Sold, Median Days on the Market, and Sale-to List Price population. The website also has up-to-date information on Migration Trends, along with the Latest News and Housing Market Predictions.
Knoxville, Economic Foundation
What are Knoxville’s major industries? Does the city have a variety of businesses that can provide jobs in any economy? Who are its top employers? Does it attract tourism and have entertainment draws like sports teams? Does it have universities and schools whose graduates can feed the economic growth of the city?
Economy: Knoxville, the center of marble distribution in the 1900’s, earned it the name “The Marble City in the 1900’s. Country music fans might like to know that Kenny Chesney was born in Knoxville, and grew up in the area.
The city is home to HGTV, Bush Brother Sand Company, Petro’s Chili & Chips, Pilot Corporation.
Knoxville’s major companies headquartered in the city also include AC Entertainment, Bandit Lites, and Jewelry Television.
Major employers include Pilot Flying J, Clayton Homes, U.S. Department of Energy – Oak Ridge Operations, Aluminum Company of America (ALCOA), Covenant Health, the Tennessee Valley Authority (TVA) Tennova Health Care, U.S. Cellular, First Horizon Bank, the University of Tennessee Medical Center, Denso Manufacturing Tennessee and Dollywood, which is just 35 miles from the city.
Tourism/Sports: Why visit Knoxville? First, the city is only about 45 minutes from the Smoky Mountains National Park (and 35 miles from Dollywood). In addition, the city has the World’s Fair Park, including The Sunsphere, built for the 1982 World’s Fair, (266 feet tall with 26 stories). Market Square, the Tennessee Theatre, the Knoxville Museum of Art and the Knoxville Zoo, and the Museum of East Tennessee History and James White’s Ford (Revolutionary War), are additional sights.
The Knoxville Ice Bears (SPHL) draw visitors to their ice hockey games, and the Independent Women’s Football league (IWFL) give competitors a run for their money too!
Education: Knoxville is home to the University of Tennessee and Pellissippi State Community College.
Don’t forget that i Fund Cities’ Fix and Flip, Fix to Rent, New Construction, New Construction, Rental, Multifamily and Bridge financing products can help you enter a thriving market and close quickly with reliable funds!
Yes. We do an appraisal using LOCAL appraisers. (Using appraisers from large, national appraisal management companies can impact appraisal quality and slow down the loan process.)
*We also have the ability for seasoned investors (7+ deals completed) to use software on your cell phone that allows your superintendent to take pictures, rather than doing a full inspection.
**We also offer desktop appraisals for fix & flip loans. We need interior photos and a budget for this style appraisal.
“Our success comes from showing our investors that we know their business, we care about their success, and we have their back.”—Ryan Herting, iFC Co-founder
If game-changing success is your goal,
then give us a shout!
Fill out our deal form and get a quote in under two minutes. Once complete, someone on our team will follow up with a customized lending solution and terms.
We then issue preliminary pricing for your review. If the price is right, and you wish to move forward with iFC, a formal term sheet will be digitally issued for your signature. Sign and we will kick things into high gear!
Paperwork sucks, but we are here to help you along the way. After we collect the agreement of sale, construction budget, title, and insurance contact information from you, we order your appraisal from a LOCAL company, (not a national appraisal management company, which can impact appraisal quality and delay your loan).
Provide us with supporting documents in a timely fashion (your real estate experience, driver’s license, entity information, and source of cash), and we will get you to closing in as little as 7 days.
We have been buying and building real estate in the Greater Philadelphia market since 2008. We built this lending platform for investors after our own personal lending experience, to disrupt the way traditional lending is done for investors. The iFC Team works relentlessly to make sure our customers’ experience is nothing shy of outstanding. Supportive of one another, and of our borrowers, iFC Team members are the type of people you want to be around—we inspire and motivate. Our intention is to create successful, long-term, transparent relationships with our partners and clients. Learn More