Pallas Investor Deals · Tennessee
Off-Market Investment Properties in Tennessee
We buy houses directly from homeowners across Tennessee, in Chattanooga, Clarksville, Franklin, Hendersonville, Jackson, Johnson City, Kingsport, Knoxville, Memphis, Murfreesboro and Nashville. The houses we don't renovate ourselves go privately to investors on our list. Join Pallas Investor Deals, choose Tennessee, and we will text and email you the deals that fit your buy box.
Join Pallas Investor Deals →Where We Buy in Tennessee
We buy in these Tennessee markets and the towns around them.
Buying an Investment Property in Tennessee
The basics that change from state to state. This is general information, not legal or tax advice. Confirm the details for your deal with a local real estate attorney or title company.
- Closings
- Tennessee closings are handled by title companies or attorneys. An attorney is not required.
- Transfer tax
- Tennessee's transfer tax is $0.37 per $100 of the price or value, whichever is greater, and the law places it on the buyer. A separate mortgage tax of $0.115 per $100 applies to the amount of a new loan.
- Foreclosures
- Most Tennessee foreclosures are non-judicial trustee's sales under a deed of trust. State law grants a 2-year right of redemption, but it is usually waived in the deed of trust.
- Wholesaling and assignments
- Tennessee's TCA 66-4-401 to 403 (2025) requires a bold disclosure in the contract and written notice to the seller 3 business days before an assignment.
Sources
FAQ
Who handles real estate closings in Tennessee?
Tennessee closings are handled by title companies or attorneys. An attorney is not required.
Is there a real estate transfer tax in Tennessee?
Tennessee's transfer tax is $0.37 per $100 of the price or value, whichever is greater, and the law places it on the buyer. A separate mortgage tax of $0.115 per $100 applies to the amount of a new loan.
Can I buy an assigned contract in Tennessee?
Tennessee's TCA 66-4-401 to 403 (2025) requires a bold disclosure in the contract and written notice to the seller 3 business days before an assignment.
Run the Numbers
- ARV calculator: estimate after repair value from comps
- Fix and flip calculator: profit, cash needed and ROI
- Assignment of contract: how assignments work
- Double closing: buying and reselling in two closings
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