JUST CLOSED IN NEW JERSEY! Gelt Financial just closed an $800K First Mortgage on a cannabis dispensary in New Jersey. We provided cash-out refinancing to fund the borrower's rehab and buildout costs. The dispensary was an owner-occupied investment property [...]
JUST CLOSED IN DAYTON, OHIO! Gelt Financial just closed a $115K First Mortgage on a retail/office building in Dayton, OH. This small-balance mortgage used Gelt's funding to purchase two value-add properties in the Ohio market. This 1031 buyer needed [...]
Benefits of using a joint venture equity partner to buy real estate: Using a joint venture equity partner can provide several benefits for real estate investors. Here are some of the key advantages of using a joint venture equity partner [...]
Gelt Financial president H. Jack Miller was featured on Yahoo! Finance Should you buy a house during a recession? By AJ Dellinger In 2022, as inflation grew and gross domestic product declined, many feared that the country was headed [...]
The benefits of using a hard money lender versus a bank: There are several benefits to using a hard money lender, also known as a private lender, instead of a traditional bank for your real [...]
JUST CLOSED IN WARREN, OHIO! Gelt Financial is excited to announce we just closed a Dollar General in Warren, OH. This First Mortgage was for a repeat borrower and needed to close FAST. The borrower used our private funding [...]
Gelt Financial is a top hard money lender that is known for its ability to close loans quickly, often in just a few weeks. Unlike traditional lenders, who often require extensive documentation and a long underwriting process, Gelt Financial is able [...]
JUST CLOSED IN CHATTANOOGA, TENNESSEE + MACON, GEORGIA + DANVILLE, ILLINOIS! Gelt Financial is pleased to announce that they recently closed a $4.3MM First Mortgage on a NNN Portfolio in Chattanooga, TN, Macon, GA and Danville, IL. This portfolio [...]
Mezzanine financing is a type of capital that is used to finance a variety of different types of commercial real estate projects. Unlike traditional loans, which are secured by the property itself, mezzanine financing is typically structured as a [...]
Second mortgages are a type of loan that are secured by the equity in a property. This means that the loan is secured by the value of the property above and beyond any outstanding first mortgages or liens. In [...]
