About Jack Miller

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So far Jack Miller has created 239 blog entries.

Top 7 Benefits of Getting a Mortgage Loan From a Private Lender

Thinking about a mortgage loan from a big-name bank or a private mortgage lender, but you aren’t sure which one to choose?  Think again—the differences will matter when you find that perfect property and are ready [...]

By |2024-04-26T13:57:53-04:00May 25th, 2019|Comments Off on Top 7 Benefits of Getting a Mortgage Loan From a Private Lender

No Income Qualification Refinance of 31 Condominium Units Palm Bay, Florida

We are pleased to close a no income qualification refinance of the first mortgage on this non-owner occupied condominium that the owner has purchased at discounted prices over time. The owner had worked very hard to accumulate these, but his [...]

By |2023-12-14T14:39:48-05:00May 18th, 2019|Comments Off on No Income Qualification Refinance of 31 Condominium Units Palm Bay, Florida

This Is Exactly How Debtor-in-Possession Financing Works

Debtor-in-possession financing, commonly referred to as DIP financing, is a type of financing central to companies in bankruptcy, specifically those who have filed for Chapter 11 bankruptcy protection within the United States. You may have heard the term DIP [...]

By |2019-05-13T14:10:23-04:00May 13th, 2019|Comments Off on This Is Exactly How Debtor-in-Possession Financing Works

Why Non-Bank Commercial Lenders Are in Such Hot Demand

There’s something about non-bank commercial lenders that’s got everyone jumping for joy in the financial world, but what gives—why are these lenders in such hot demand🔥 as opposed to traditional lenders? It seems like new sports facilities, energy projects, [...]

By |2023-11-06T16:02:44-05:00May 6th, 2019|Comments Off on Why Non-Bank Commercial Lenders Are in Such Hot Demand

Great quote from a borrower we did business with 17 years ago

Since 1989 we have been providing capital to real estate investors and owners of businesses, in good times and challenging ones. It was great to see that one of our borrower's post on Joe Fairless Host of Best Real [...]

By |2019-06-02T17:58:53-04:00April 12th, 2019|Comments Off on Great quote from a borrower we did business with 17 years ago

Brooklyn, New York Cash-out Refinance, No Income Verification, Out of Country Borrower, Partial Recourse

Cash-out Refinance, No Income verification, Out of country borrower, partial recourse, Property had city violations on it that need to be corrected.  They tried their bank and when their bank said no, we said yes and closed the mortgage. Gelt [...]

By |2023-11-08T10:58:31-05:00March 17th, 2019|Comments Off on Brooklyn, New York Cash-out Refinance, No Income Verification, Out of Country Borrower, Partial Recourse

Refinance Gas Station, Pleasantville, New Jersey

Gelt Financial just refinanced an operating Gas station and C store in Pleasantville, New Jersey. When the owner of this property found himself on the receiving end of a default notice from his bank, after going to numerous other banks [...]

By |2023-11-08T14:22:24-05:00November 20th, 2018|Comments Off on Refinance Gas Station, Pleasantville, New Jersey

Rehab Refinance Investment Property in Baltimore Maryland

Rehab Refinance investment property in Baltimore, Maryland. Several investors owned the property and ran short of capital to fix up the property and complete the job. Gelt Financial, provided them with the funds to complete the rehabilitation project. Gelt has [...]

By |2024-03-25T17:52:32-04:00November 16th, 2018|Comments Off on Rehab Refinance Investment Property in Baltimore Maryland
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