Pillar Capital Partners for Tennessee investors
Pillar Capital Partners runs both private money and DSCR rental products with a Midwest focus.
Tennessee context
Tennessee no state income tax. Memphis among deepest cash flow markets. Nashville STR contested. Smoky Mountains STR (Pigeon Forge, Gatlinburg) major market.
How Pillar Capital Partners positions in Tennessee
Within Tennessee, Pillar Capital Partners competes alongside other DSCR lenders. Pillar Capital Partners strengths: Midwest focus, experienced underwriting. The medium aggregate DSCR economics of Tennessee create demand for Pillar Capital Partners programs in Nashville and Memphis particularly.
City-level coverage in Tennessee
Pillar Capital Partners provides DSCR coverage across Tennessee metros including Nashville, Memphis, and Knoxville. Within each metro, submarket variation drives deal-specific underwriting more than lender selection. Pillar Capital Partners program terms apply uniformly across Tennessee metros; the specific deal characteristics determine final pricing.
Terms and pricing
| Loan type | Private money |
|---|---|
| Products | fix-and-flip, rental, bridge, private notes |
| Loan size | $75K - $2.5M |
| Rates | 10%-12.5% |
| Points | 1.5 - 3 |
| Max LTV | 70% of ARV |
| Term lengths | 6-18 months (hard money) / 30-year (rental) |
| Typical close time | 7-14 days typical |
| Tennessee property tax | 0.7% |
| Tennessee state income tax | None |
Pillar Capital Partners strengths in Tennessee
- Midwest focus
- experienced underwriting
- broad product suite
Ideal borrower: Mid-to-experienced investor in Chicago or Milwaukee
FAQ
Likely; verify direct Tennessee coverage. Pillar Capital Partners is based in Chicago, IL and operates in Chicago and Milwaukee metros.
Nashville is the top investor market in Tennessee and is generally within Pillar Capital Partners Chicago and Milwaukee metros footprint. Nashville property tax follows the Tennessee state rate of 0.7 percent. Pillar Capital Partners typically underwrites Nashville acquisitions at standard rate sheets.
Yes. Memphis ranks among the larger Tennessee investor metros and sees consistent DSCR loan volume from Pillar Capital Partners. Submarket variation within Memphis matters for property selection.
Pillar Capital Partners applies the same rate sheet across Tennessee metros. Pricing variation comes from property-specific factors rather than metro location within the same state. Nashville, Memphis, and Knoxville all qualify for the same Pillar Capital Partners program.
Pillar Capital Partners indicative DSCR rate range is 10 to 12.5 percent with 1.5 to 3 points.
Tennessee no state income tax. Memphis among deepest cash flow markets. Nashville STR contested. Smoky Mountains STR (Pigeon Forge, Gatlinburg) major market. Pillar Capital Partners follows standard business-purpose loan structures.
Pillar Capital Partners funds fix-and-flip, rental, bridge, private notes in Tennessee.
Tennessee allows standard DSCR prepay structures; Pillar Capital Partners typically uses 3-5 year step down.
Pillar Capital Partners typical close: 7-14 days typical.
Bottom line
For Tennessee DSCR borrowers, Pillar Capital Partners is one option among many. Compare against 2-3 lender programs before committing.
Independent directory listing. DSCR Loan Program is not affiliated with Pillar Capital Partners.