If you are an investor then you should already know the answer which is yes, but as the others said traditional financing is most likely out of the question. At least my loan officers don't know a way to do it between your credit score and foreclosure on your record. Even small banks will have a problem as I know it. I am not a loan officer though so of course do your own due diligence.
You could do a land contract which then you would not even need 75%. Rent-to-own another option. Basically seller financing.
You could do a bridge loan and you would have the cash to make that work. Should not be too hard with that type of down payment to re-fi in a couple years when you would re-qualify for traditional lending again. That would allow you to look at a wider range of properties than those just advertising seller financing. You would need to pay a little more, but that is the trade off you get.
I have even heard of investment companies where you pay a fee, they buy the property, and then do the seller financing with you. Seems to me though you are paying a lot extra than what is not necessary.
I do see this question asked a lot on Trulia, and if you have the cash for large down payments the answer is yes. Some know only traditional financing, and others like myself who work with investors knows there is a whole different lending world out there most people never care to research. You just have to know it will cost you more. Whether that is still worth it to you versus renting for 2-3 years is completely your decision. Tennessee is no different than any other state in this regard, and I only have contacts that will lend in Minnesota.
Good Luck Wolf