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Tax Consequences of Flipping Real Estate

May 15, 2017 by Eric Bank

Real estate flipping provides several potential benefits, from profits to artistic expression. It’s something you can do on your own, with the help of proper financing, of course. However, the last thing you want is to take on an unexpected partner – the Internal Revenue Service. Taxes are a reality, and even if you can’t Read More…

Five Common House Flipping Mistakes to Avoid

April 20, 2017 by Eric Bank

The popularity of house flipping continues to rise, which means that the ranks of rehabbers are swelling with people of varying backgrounds, skills and resources. Those who don’t prepare properly or lack the patience to handle unexpected setbacks are going to find flipping a painful experience. However, if you can avoid these five mistakes, house Read More…

When Do You Need a Hard Money Loan?

March 10, 2017 by Eric Bank

Hard money loans are an important alternative to bank loans when you want to buy property or use a property you already own as collateral. Hard money loans are based upon the property’s value instead of the borrower’s creditworthiness. Typically, you can borrow up to 70 percent of a property’s value via a hard money Read More…

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Specialty Lending Group
6305 Ivy Lane
Suite 320
Greenbelt, MD 20770
Phone: 240-965-2060

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