Top 5 Benefits of Hard Money Loans

Hard money loans refer to financing provided by non-institutional lenders. There are many hard money lenders who offer fast funding at attractive interest rates.

As the borrower, you'll need to perform a thorough check on the lender's reputation and business, but as you do your research you'll find that hard money lenders can provide a great advantage in your quest to fund your real estate investment project.

Benefits of Hard Money Loans

  • Faster Approvals: Without a doubt, one of the major benefits of a hard money loan is the fact that investors can secure the pre-approval within one or two days, given they have submitted the handful of documents that the lender has requested. Hard money lenders primarily focus on whether the asset itself has good market value and that borrower equity is at least 20%. Financing can take place in less than a week, as compared to normal loans which may take a month or even more. When inquiring about hard money lenders, a key question to ask is how quickly they can fund.
  • Flexible Payments: With a private lender, you will have more freedom to create a customized repayment plan. With a big financial institution, you won't have this freedom. Instead, you will have to accept the payment terms set by the bank. However, with a private lender, you can discuss and come to a mutually agreeable repayment plan that you think is suitable for you.
  • Fewer Requirements: When applying for a loan from a normal financial institution, you will be expected to meet many hard-set requirements, like income history, experience, etc. It is no secret that bank approvals can become a cumbersome process. It is likely that you will not be burdened with so many requirements by a hard money lender. As long as you have a high-value asset with at least 20% equity stake in it, there are good chances that you will qualify for the loan.
  • Zero Prepayment Penalties: If you obtain a loan from an established bank, you may be subjected to prepayment penalties if you pay off the loan prior to the maturation date. Most fix and flip lenders do not charge prepayment penalties, so if you come across extra cash and decide to pay off your loan before the due date, you can confidently do so without having to worry about being penalized for it.
  • Credit History Not a Big Issue: In the case of big lending institutions, your credit history can have a huge impact on whether you will get a loan or not. With private lenders, less emphasis is placed on a weak credit history. This is because of a private lender bases loan approval on property value, borrower equity, etc. As long as you meet these criteria, you stand a good chance of getting funded.

An added bonus of obtaining a loan from a hard money lender is that as more properties are renovated in the community, property values ​​a slated to rise and the quality of the neighborhood …

Benefits and Risks of Life Insurance Premium Finance

Life Insurance Premium finance is the safer way of purchasing life insurance, especially for high net worth individuals. It allows a company to borrow the cost of life insurance premiums. It usually occurs when the company has a very high premium that makes it necessary to borrow the amount in part or in whole to prevent reducing the company liquidity.

More often than not, traditional lenders don't provide premium financing, and business owners need to look for specific premium financing providers to secure the loan.

Benefits of Premium Finance

When a company releases a large amount of payment, its owner must first consider whether the funds are needed for the daily operation of the company or for the expansion of the business. And in order to prevent liquidating some of the company assets or using key funds, financing is required.

More often than not, businesses depend on some type of loan to be sustainable. Premium financing is often a part of the debt cycle for company with high corporate owned life insurance costs.

A business owner can finance multiple policies via a single agreement that allows the owner to make a single insurance premium payment a month. In most cases, insurance companies accept premium financing and accept payment straight from the finance provider. When that is the case, the premium finance company will bill the business owner instead of the insurer.

Premium Financing of Non-Qualified Executive Bonus Plans

Premium financing can be used on non-qualified executive bonus plans, which are available for vital employees of any type of corporation. The employer has the discretion to select the workers to cover and the amount of the bonus. The business owner pays for the premiums on the policy, and the employee has to pay tax that's equal to the premium amount.

Financing of 770 Accounts

A 770 account is a permanent life insurance policy that has been structured to maximize its cash value. By maximizing the total death benefit and cash value, you can maximize the cash value of the life insurance policy. More often than not, the cash value is tax-free and can be accessed at anytime.

770 accounts have a very competitive rate of return and can be used as collateral. But the premiums can be high. High net individuals or business owners can resort to financing in order to keep up with the premium payments without the need to liquefy assets.

As you can see, financing life insurance premiums can help individuals and companies that need to pay large amounts of premium. It allows them to stay liquid while providing insurance coverage to oneself or one's employees. This is ideal for corporate owned life insurance programs as well as private banked owned life insurance policies.

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The Benefits of Using a Personal Trainer

Trimming down and maintaining your ideal weight can be hideously difficult. From eating the right food to choosing the right exercise and everything in between, one may invariably forget one pertinent detail or make a mistake regarding their diet and end up 10 pounds overweight or with bulging biceps when all you really wanted was to tone your muscles.

While the fee that a personal trainer may charge may make your knees bulk, wait till you read and learn about the benefits of hiring one.

Accurate Fitness Evaluation. Let's face it; a lot of us tend to over-or under-estimate our physical abilities and therefore end up with strained muscles and joints (which can lead to health problems) or a lax exercise regime (which lengthens the time enabling us to reach our fitness goals) . However, with a personal trainer, your physical fitness will be accurate evaluated and you can be quite sure that whatever fitness program you end up with is the ideal one for you.

Motivation. It really is easier to exercise with someone around and a personal trainer is just the right person to have on your side if you have a fitness goal you're sweating to attain. A personal trainer will know exactly when he has to act as a tough general, a great source of encouragement and inspiration or simply as a friend to talk to and listen to your personal health woes.

Customized Fitness Program. Contrary to popular opinion, there's no such thing as an exercise or diet program that fits all. In short, what may work for others may not work for you and what may take others weeks to achieve may mean one year worth of effort in your part. But how will you be able to determine what fitness program is best for you unless you consult an expert?

Safety. A lot of accidents can happen during unsupervised exercises so having a personal trainer will ensure that you are using health club equipment the right way. Not only does this prevent serious physical injuries, it ensures that you get the most out of your exercise routines.

The Need for Change. Perhaps one of the things that hits even the most health-conscious individual is boredom! Sometimes, all that one needs is a little change in one's exercise routine and with a personal trainer beside you, he or she can come up with different exercise programs, all geared towards keeping you active and interested in going to the gym.

What to Look for in a Personal Trainer

So are you convinced now that a personal trainer is what you have been needing all this time? If so, following are some of the items you should look for in a personal trainer.

oEducation. Remember, you are relying on this individual to guide you in your fitness goals. As such, it is important that he or she is certified by reputable fitness organization such as ACSM or NSCA.

oExperience. It builds one's trust and confidence if …

What Are the Benefits of Online Personal Training?

In recent years major technological advances have been made to the point that personal training services can be delivered effectively and successfully online. Whilst traditional '1 to 1' training still has it's place, online will soon be the 'go to' solution for most busy people.

Below are some of the many reasons why online personal training is fast becoming the top choice for so many gym goers and none gym goers: –

It's extremely Cost Effective:

If you compare the cost of traditional '1 to 1' training to online training the difference is undeniable. Often a Gym based personal trainer will charge more for a one hour session than they would for a full month's training online. How is it possible for the online trainer to make a living you may ask? The answer is two fold. Firstly the online trainer has no fixed overheads such as travel costs, and gym fees (gym's take a large percentage of all gym based PT's income, thus they have to charge the client more). Secondly, a well organized and efficient online PT can significantly reduce wasted 'downtime' via high level semi automated systems, meaning their time can be spent only on what matters – the client. In turn, the cost saving can be passed onto the client giving a 'win / win' situation.

If you do the maths the cost difference between the two methods of training is huge. Based on an average cost of £ 50 for a one hour '1 to 1' session, a yearly outgoing could be: –

* 2 x 50 = £ 100 Per week (based on the two sessions per week most personal trainers recommend as a minimum).

* £ 100 x 52 = £ 5,200 per year!

That is a big amount of money, and almost 10 times as much as most online personal training will cost. Also, if you miss a session you're still going to have to pay with the conventional method of '1 to 1' training.

Wider choice of trainer:

When choosing a PT you are usually limited to the trainer at your gym who is available. With online personal training you get to pick the best trainer for your needs, whether they live next door or across the ocean. Online personal training is a competitive market, thus as a customer you stand to benefit from the competition that will drive online trainers to constantly improve the service they offer. Every year online fitness courses get better, offering the client new and inventive ways to enjoyable improve their health and fitness.

Time and location are not relevant:

When using an online fitness trainer you have complete control and freedom over your routine. You can workout at any time, night or day, as long as the work gets done. You can also workout anywhere, whether that be in a gym, at home, in a park or in your office. Your PT is there to work for you and with you, thus will develop a …

Best Homeowners Insurance Companies: What Perks and Benefits Do They Offer?

There are so many good things about owning a home: you can fix it up and sell it for profit, rent it out to someone else to earn income, or simply live in it yourself and never have to worry about rent. The downside is that there is insurance to consider. There is a variety of coverage options depending on where you live and what kind of house you own. What is it that the best homeowners insurance companies offer?

When shopping around for house insurance quotes, you need to know exactly what needs to be insured and what is included in the policy.

Some of the things you might need insurance for include:

• Protection for the dwelling itself, as well as any other buildings on the property like a storage shed or detached garage.

• Protection for the contents INSIDE the dwellings, like electronics, jewelry, furniture, appliances, etc …

• Protection from any possible hazard that can cause harm to your property and contents, such as fire, flooding, hurricane, mudslides, and so forth.

• Liability insurance in the event that someone gets injured on your property.

If you live in an area that is prone to hazardous weather, it might be a good idea to get insurance to cover additional living expenses should you have to move out and stay some place else while damages are getting repaired.

The best homeowners insurance companies will allow you to view a summary of your coverage and even provide you with a sample of a policy when you sign up, before making your final decision. You should be given the opportunity to edit your coverage and policy settings such as the start date and deductible.

Canceling Your Policy at the Best Homeowners Insurance Companies

You should also be able to cancel your policy at any time. Some companies will even issue you a refund for the remaining period you have paid for.

While some homeowners are inadequately insured, other homeowners make the mistake of paying for more coverage than they actually need. Make sure you get just the right amount of coverage you need by going through a policy section by section to determine whether each type of coverage adequately protects your investment. There is such a thing as "OVER-protecting".

What about other people who live on you property? If it's a roommate or tenant, you will need a different type of policy. If it's blood relatives, however, then the best homeowners insurance policy will automatically cover all of the residents in the household who are related to you by blood, marriage, or adoption.

You can learn more about house insurance by looking into services by Lemonade. It's definitely among the best homeowners insurance companies . Lemonade has a unique "Giveback" policy to its clients, which is one of the many perks of choosing this company for your homeowners insurance.

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Personal Injury Law Firms Are Realizing the Benefits of Outsourcing the Medical Records Process

Personal injury law firms and specifically mass tort departments measure find themselves working with virtual companies and / or adding a virtual component to their practice. This allows staff to focus on other aspects of their case load and other operational functions. Medical records are essential for personal injury cases, and a timely and smooth process is important to ensure proper discovery. Thus, outsourcing medical records management adds a professional process to personal injury law firms.

Outsourced Medical Records Management-How can a virtual team help?

Client Questionnaires – In most cases, the Discovery process starts with clients completing a client questionnaire. The tasks of contacting clients and completing the questionnaire via the telephone can be outsourced to a virtual team. This will include calling the client to uncover key medical elements such as doctor's information including dates of visits, surgery dates, and / or relevant drug use. This will allow the legal assistants within the law firm time to focus on other tasks and will save the firm time and money in the early stages of the case.

Medical Records Retrieval – After the medical and provider information has been collected and a HIPAA Authorization Form has been obtained by the client, the medical records retrieval process can commence. This process includes the requestor submitting requests with the HIPAA form to Healthcare Organizations including Release of Information, Health Information Management, and Medical Records Departments. The method of retrieval will depend on the department or organizations' processes and policies. In some cases, the request can be faxed and in other cases the requests must be sent with an original signature. Outsourcing the retrieval process can be a win for most law firms because the process can be time consuming and is an important part of winning cases.

Follow up calls to alleviate backlog A big part of medical records retrieval and management is the outbound call process. Several follow up calls must be made. This is another key area in which outsourcing will help alleviate backlogs among the law firm's legal and administrative staff. This process is twofold:

1. Making follow up calls to requestees to first ensure receipt of the request and to stay on top of the workflow and estimated time of arrival of the records. In some cases, this may mean 2-10 calls per month.

2. Secondly, the follow call ensures or uncovers any missing information or the need to resubmit records. In many cases, the health organizations and records departments subcontract the records process to a copying service and / or online health portal companies and calls must be made to these companies as well. This arduous task can easily be outsourced to assist the firm.

Eliminating Overwhelm – Working with a virtual support person or team can change morale for the better in law firms. If your legal assistant staff is overwhelmed, outsourcing some of their tasks can help alleviate their workload and cut down on staff overwhelm. This includes the medical records retrieval process …

Benefits Of Branding Your Personal Umbrella

When it comes to umbrellas, there are a lot of things that we should put into consideration when it comes to branding. The large space on an umbrella is one of the reasons why it is possible to create anything you desire on it. For people with small businesses, one of the easiest means of advertising their products is through the use of umbrellas. Any umbrella factory can help you achieve your promotional events at an affordable rate.

There are designer that come with up to eight panels that can be used for various advertisements. You can advertise or brand two or more promotions or companies on the same. The panels can take up to many messages without disfiguring the umbrella. There are bespoke designs on umbrellas that will help you achieve your desire.

The compact umbrellas have become an avenue in creating your traditional designs. Most people prefer the small or compact umbrellas because they are easy to move around. You can actually take advantage of these types of umbrellas and pass your message. Designing an umbrella is always fun and the promotional message is always passed for years. Each time your customized umbrella is brought out, it tells the same story you have sent it to do.

The following are some of the umbrellas that can suit your branding.

The Personal Umbrellas

The home umbrellas are the personal umbrellas that have been design to protect people from rain. These umbrellas come in different shapes and sizes. Thinking of creating a bespoke designer umbrella, you can begin with these types. When you brand an umbrella with original artwork, typography or beautiful patterns, it will always stand out in the crowd.

The Business Umbrella

Create your logo, name or message on the business umbrella. Umbrellas given out to customers can help them remember their visit to a particular business. This can entice them to come back again especially if the service is cool. The customized umbrellas have been designed to give businesses a friendly outlook to outside the world. Interestingly, you never know where these umbrellas will travel to and what effect your business will have from such customization.

The Retailers' Umbrellas

Are you in the business of retailing? Maybe, your business is suffering from stiff competition from similar businesses around you? With a customized retailer umbrella, you have an opportunity of standing out in the crowd and also beating the competition. The cost of doing this is affordable and the distance your advertisement will cover cannot be extended. Sometimes, we see a business in Europe still advertising itself in a tiny village in Ghana.

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The Benefits Of Getting A Personal Loan

A personal loan is usually not secured. It means collateral does not need to be provided by you when you borrow. The loan is offered to you by the lender on the basis of your credit and qualifiers. You can easily get the approval of loan, if you have a good credit. A lower interest rate can also be offered to you. Visit a financial institution or search online to get a personal loan.

Here is a list of some of the benefits of such a loan.

  • Lower interest rate – If you have good credit, then personal loans with lower interest rates can be availed by you. Around 15% APR on a credit card balance is paid by the people with lower credit card balance. But if you have good credit, you have to pay only 6% APR. While making a big purchase, it is considered as a big difference.
  • Use for many purchases – Your cash can be used by you for making any purchase. A loan of this type can be used even for purchasing a vehicle, starting a business or renovating your house. Restrictions may be placed by other types of loans on the usage of fund. But the conditions of using a personal loan are flexible and can be used for any purchase.
  • Consolidate debt – High interest debt can be consolidated by using a personal loan. Several smaller debts with high interest such as credit cards and student loans can be paid off by using a larger loan. Money on interest can be saved if you consolidate your debt by using this loan. Your debt repayment plan can be managed in a better way by combing several loans in one place.
  • Smooth your cash flow – Your cash flow can be smoothened by using a personal loan. A personal line of credit can be got by you, by using your personal loans. You have to pay a low interest rate in this alternate way of use. An emergency fund doesn’t need to be raised for future. The borrowed amount can be repaid by accessing your line of credit.
  • Boost your credit score – Your credit score is counted depending on your different types of accounts. One type of credit is represented by credit cards. In this case, you can use your credit score to handle your loans. Your score can be boosted slightly by adding instalment loans in your credit report.

Thus, save a huge amount on all your purchases by using a personal loan. Always remember to compare different loans before borrowing any sum.

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Benefits of Having Dental Insurance

Many people do not think of their teeth as something that can affect their overall health. The truth is, it can. It is for this reason that many dentist recommend that a person gets an oral exam at least every six months. During an oral exam, a dentist will determine what dental work, if any, needs to be completed to ensure proper dental health. These regular oral exams and subsequent visits that may be needed to get dental work completed can be draining on the finances. Having a insurance plan can help alleviate some of the financial burden.

People shy away from purchasing insurance because they see it as an additional expense they feel they can live without. The fact of the matter is it is indeed an added expense but people who shy away from it are not looking at the big picture. When comparing the amount of money spent on insurance and the patient’s portion of dental services with the money spent paying one hundred percent of the bill, the difference is significant. This goes to show that a person can save money in the long run with dental insurance.

Most dental insurance plans will completely pay for preventative maintenance care. This will typically include dental x-rays and two regular dental checkups. With an average cost of about one hundred fifty dollars just for the exam alone, this transforms into instant money savings. If during the regular dental exams the dentist determines there is further dental work to be done, dental insurance will cover that too but not completely as it is with preventative maintenance care.

On average, insurance will cover about eighty percent of most types of dental work that may be suggested by a dentist. Before the insurance covers this percentage, insurance policy holders will have to meet a specific deductible. This amount will vary among insurance providers. The deductible is paid directly to the dentist office at the time of service. Once the deductible is met, then subsequent services will be billed to the insurance company for the portion covered by the dental insurance policy.

There are dental procedures that are considered to be cosmetic because they will not affect dental health or overall health. An example of a cosmetic procedure is teeth whitening. Some dental insurance policies will cover cosmetic dental procedures at a much lower percentage than that of typical dental work. Some cosmetic procedures can be costly but with the coverage by a dental insurance policy, the cost savings are well worth the cost of the plan.

Dental health is extremely important although most people do not realize it. Having dental insurance will allow a person to keep in good oral health as well as save money doing so. Insurance can be an added expense but when a person looks at the big picture, dental insurance provides a large amount of savings. Each insurance plan is different and should be carefully examined before purchasing a plan.

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Benefits of Life Insurance for Seniors

The majority of senior residents of North America are not able to afford long-term care due to the high cost. Only a few seniors use their insurance to cover the expenses for long-term care. This is a serious issue; too many seniors are unprepared for these costs, leaving them and their families at financial risk. There is a solution: purchasing life protection can help cover all possible expenses for long-term care. There are also several other advantages of purchasing life insurance for seniors; find out about these below.

Provide Financial Support for Your Spouse

Married elderly couples are often anxious about leaving their better halves with debt after passing away, and for good reason. Funerals in countries of North America are quite expensive – they can cost as much as $5,000 or more. Not every family can afford these costs, and that is why life coverage comes as a practical solution.

Life protection policies can fully cover the expenses of the funeral and burial of one spouse, and that coverage can bring some peace of mind to the insured person. Covered by a life protection policy, the individual can be sure that his or her significant other will receive the necessary support to deal with the financial side of a funeral.

In addition, a surviving spouse can use the funds from the coverage to increase the benefits from their pension plan.

Life insurance for seniors makes it simpler to deal with the expenses of a funeral, and that means the financial pressure does not add to the already-stressful situation.

You Can Still Get Life Insurance If You Are Sick

A lot of the insurance companies that provide traditional life protection policies often refuse to provide life protection for seniors who have pre-conditions. A serious illness poses a high risk to your life, not to mention the fact that advanced age also contributes to that increased risk. These are the main reasons an insurance company will decline your life insurance application.

Having a pre-condition does not mean you are left without life coverage at all, though. There are many insurance companies that do provide insurance for people who cannot or do not want to undergo a health exam. This type of insurance, often called no medical life insurance, does not require a medical examination for qualification; however, this feature also makes the price of this type of insurance higher, compared to a traditional life protection policy.

There are two types of life insurance policies that do not require a health exam: guaranteed issue and simplified issue. Guaranteed issue insurance plan requires no medical tests and no medical questions; that means that you are approved for this insurance automatically, but you will have to wait two years before the policy starts to work. Simplified issue insurance requires you to answer a series of questions, but there is no medical examination, and the policy provides coverage from day one.

The Bottom Line: Life Insurance Is a Reasonable Choice for Seniors

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