Fast and Flexible Financing for Real Estate Projects
Kiavi, formerly known as LendingHome, is a top private money lender specializing in short-term real estate investment loans. Known for its speed and flexibility, Kiavi provides quick funding solutions tailored to real estate investors, fix-and-flip projects, construction projects, and rental property.
Streamlined Approval Process
One of Kiavi’s key strengths is its innovative, technology-driven approval process. Investors can often receive funding within days, making it ideal for those needing fast access to capital. Unlike traditional banks, Kiavi requires less documentation, simplifying the process and saving valuable time in competitive markets.
Loan Options and Terms
Kiavi offers loans ranging from $100,000 to several million dollars, with competitive interest rates and loan-to-value (LTV) ratios up to 90%. These flexible loan options support various non-owner occupied property types, including single-family residences, manufactured homes, 2-4 units, condos, multifamily, and Planned Unit Developments (PUDs). Their transparent fee structure and clear loan terms make it easier for investors to understand their financial commitments.
Cons of Using Kiavi
While Kiavi offers many benefits, there are some drawbacks to consider. Its interest rates and fees tend to be higher than traditional bank loans, which can increase project costs for investors. Additionally, their loan approval process, while fast, is best suited for experienced investors who understand the requirements involved. Kiavi does offer programs for less experienced investors, but they might find the higher costs challenging.
Versatile and Supportive Service
The company’s team of experts provides guidance throughout the loan process, helping investors identify the best financing options. Kiavi’s quick approvals and personalized support make it popular among seasoned real estate investors seeking efficient capital.
Conclusion
Kiavi is a dependable private lender that offers fast approvals, flexible loan options, and transparent terms. While the higher costs and requirements may not suit every investor, its speed and convenience make it an excellent partner for those ready to seize real estate opportunities quickly. For experienced investors, Kiavi can be a valuable tool to accelerate growth and success.