ProPublica Staff United States (ProPublica) – by Charles Ornstein A Pittsburgh hospital informed patients earlier this year that they may have received unneeded angioplasties and stents, the tiny mesh tubes inserted to keep arteries open. A Towson, Md., cardiologist faces a hearing on the fate of his medical license after being accused of implanting stents [...]

Tom Ramstack – AHN News Legal Correspondent Washington, D.C., United States (AHN) – A House subcommittee took on the thorny issue Tuesday of how to transport hazardous materials across the nation without spilling them and without regulating transportation companies out of business. The House Transportation and Infrastructure subcommittee on railroads, pipelines and hazardous materials is [...]

Tom Ramstack – AHN News Legal Correspondent Washington, D.C., United States (AHN) – The Supreme Court stepped into the controversy of campaign finance again Monday by hearing two cases that could restructure rules on political candidates getting public funding. Both cases challenge an Arizona law that offers taxpayers’ money to candidates who agree to reject [...]

Matthew Borghese – AHN News Contributor Miami, FL, United States (AHN) – President Barack Obama was the guest of honor Friday afternoon at one of Florida’s formerly failing high schools to deliver a speech pushing America to refund and reform education. Obama spoke alongside Education Secretary Arne Duncan and former Florida Gov. Jeb Bush, but [...]

Hawaii hospitals receive federal funding View full post on Insurance Stories

Kris Alingod – AHN News Contributor New York City, NY, United States (AHN) – New York Michael Bloomberg is under fire for proposing an annual budget requiring mass teacher layoffs and cuts to social services for infants and the elderly. Citing reduced funding from the state and the deficit, the mayor has proposed eliminating 6,166 [...]

If you are starting up a new business or wanting to expand an existing one, chances are you will need financing. Whether looking to buy property, machinery, material, or other high cost items, getting the financing to do so can be tough in today’s economic climate.You will find this to be especially true when trying to go through a traditional bank.

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.

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.

What is hard money? A hard money loan is an asset based loan collateralized by one or more assets (usually real estate). The interest rate is usually higher than a traditional/conventional loan, like one received from a bank.