Kiavi, a provider of financing to real estate investors (REIs), recently expanded its products to Arkansas along with Alabama and Wisconsin. Robust capital, competitive rates and flexible financing solutions from Kiavi allow REIs to confidently maximize returns and focus on scaling their business.
“We are thrilled to support real estate investors in Alabama, Arkansas and Wisconsin, helping them revitalize neighborhoods in these markets,” said Michael Bourque, CEO of Kiavi. All three states provide incredible opportunities for our customers to transform aging homes and make them move-in ready for families and truly impact the local communities.
According to Kiavi, Arkansas is the second most affordable state to live in. Its diverse population, robust economy and its natural beauty make it an attractive destination. Key highlights about the best markets to invest in Arkansas include: Little Rock is one of the major markets in Arkansas ranking as the 22 best cities to flip houses in. Bentonville expects to see a 24% price increase in homes in the next three years.
“We are 5.5 million housing units short in the United States. Current supply chain shortages are already pointing to a slowdown in new construction,” said Bourque. With millennials entering their prime home buying years, it is even more important that we, as a nation, work together to close the housing gap and work towards rehabilitating America’s aging housing stock especially at a time when over two-thirds of U.S. homes are over 30 years old. I am excited to extend our products in these three states and I am confident that with our technology platform REIs can make smarter decisions and unlock the true potential of their real estate investments.”
Kiavi’s expansion into Alabama, Arkansas and Wisconsin closely follows its entry into Indiana and Kansas this year. Kiavi now operates in 32 States and Washington, D.C.