Hard Money Loans have long been the standard financing for real estate investors and businesspersons to acquire quick short-term project funding. Even though this type of financing is expensive in terms of interest rates when compared to conventional financing, the terms and speed of the transaction made it viable for quick turnaround situations such as “flipping” properties or purchasing raw materials.

Capital is one of the most important factors of any business. Not only is capital important but is also the one of the most difficult things for a business to acquire. It can be safely said that not all businesses manage to take care of all their financial requirements on their own. They often fall short and sometimes even find themselves with losses. During such times, getting the necessary credit for the sustenance of the business becomes imperative. There are many sources from which the necessary financial assistance can be obtained. For most businesses, financial institutions like the banks can be a very attractive option.

In “Rich Dad, Poor Dad,” Robert Kiyosaki talks a lot about the lack of basic financial education in our school system. Likewise, there is no school that teaches borrowers how to manage their funding, set realistic timelines or chose a competent lender. Borrowers generally face an uphill battle because of their lack of knowledge in this arena.

Taking stock of Genzyme View full post on Insurance Stories

The Essence of the commercial real estate hard money loan (HML) is based on the fact that they are short term loans for real estate investors to purchase and or rehab investment property that has substantial real equity. Commercial Real Estate Investors can make lots of money investing in properties using a hard money loan. For traditional financing the value of the property is the lesser of the purchase price or the appraised value.

Grant to back UMass cancer center View full post on Insurance Stories

Is a “no money down” real estate investment possible in today’s economic conditions? Banks are obviously tightening up but there are other lenders who are willing to finance real estate investments.

One option to get loans without going through the banks is through hard money loan. This type of loan is usually offered by private lenders where you use your property as collateral to the loan. Unlike traditional banking institutions, getting this type of loan does not have a stringent process.

As a real estate investor, it is important to have someone who can back you up financially, especially if you are just starting out in the housing business. One way to obtain funds for your investing business is to approach banks, mortgage companies, and credit unions. But if you’re not qualified to obtain a loan from these lending institutions, don’t fret because there is still someone who’s still willing to help you.

The Star Tribune looks at the fortunes of a psychiatric hospital which is opening a psychiatric hospital in Maple Grove next month despite having an earlier proposal shot down quickly in 2008. A shareholder of Prairie St. John, whose 2008 proposal was criticized by the Dept. of Health as unnecessary and never even made it [...]