Closed First Mortgage on Gas Station- C Store
We were very pleased and excited to provide first mortgage purchase money financing to a hard working businessman who managed the business and got the opportunity to purchase it, using our financing. The gas station, C-Store also had a self service car wash attached to it and was located in Memphis, Tennessee. While banks would not do this deal, Gelt welcomed the opportunity.
Gelt focuses on the collateral, and cash flow to repay the loan and is not as hyper focused on some of the things that banks are, allowing us to provide financing when banks don’t.
Gelt loves to empower business people and real estate investors, by allowing them to use our capital to build a business or make a real estate investment. We make the American dream into a reality for so many hard working people.
As part of its robust national growth strategy, Gelt Financial plans to continue to lend to business and real estate investors when banks are not.
To learn more about Gelt Financial’s lending capabilities and the advantages it offers to commercial real estate owners and investors across the U.S., please visit www.Geltfinancial.com.
About Gelt Financial
Gelt Financial is a non-bank commercial real estate lender in Tennessee. We closed more than 10,000 loans totaling over $1 billion since 1989. Gelt focuses on providing debt to non-bank borrowers on all types of commercial real estate, including but not limited to multifamily, office, retail, warehouse, industrial, self-storage, and mixed-use.
Private Money Lender – Related posts
Just closed! Another win for an experienced investor. Gelt Financial closed a $300K cash out refinance on a single-family home in Charlotte where the borrower needed funds for light [...]
Gelt Financial Announces Funding of $200,000.00 Office Building in Ohio Gelt Financial, a leading commercial real estate direct lender, today announced the closing of a $200,000 first purchase money [...]
Great news for our clients! We are excited to announce the successful closing of a $385K mortgage on an investment condo in West New York, New Jersey. This deal was [...]
Small business is the heart of America, so we jumped on the opportunity to provide first mortgage financing on a mixed use building in VA, when someone approached us saying [...]
“Jack. Good afternoon. Thanks for getting right back to me – you are still the most responsive person I deal with and I hope we can get a deal done together [...]
Gelt Financial just closed a $200K First Mortgage on an owner-occupied retail building in Lubbock, Texas. This borrower reached out to our expert loan originators to close the deal quickly.Gelt [...]
Gelt Financial has provided a First Mortgage on a residential investment property in Wildwood, NJ. The property was a townhome, one block from the beach and Gelt was able to [...]
JUST CLOSED IN MIAMI, FLORIDA! Gelt Financial is happy to announce we just closed on a $250,000 Land Loan in Miami, FL. This piece of land is zoned for [...]
The Houston real estate market has been on fire, attracting investors from all over the country looking to capitalize on the city's strong economy and growing population. If you're [...]
ANOTHER DEAL DONE IN FLORIDA! Gelt Financial just closed a $100K Distressed Debt Purchase on a single-family investment property in Fort Lauderdale.Gelt Financial purchases distressed debt, nonperforming loans, and sub-performing [...]
Gelt Financial just closed and funded a first mortgage on a 7-unit condo Portfolio in Orlando, Florida. The buyer was a first-time investor who could not obtain financing through a [...]
JUST CLOSED! Gelt Financial is excited to announce the closing of a $250k multi-tenant office building in Chesapeake, VA. This private loan was a refinance, owner-occupied buyer, broker deal, [...]
Gelt Financial now makes its bridge and opportunity loans available throughout the mortgage brokering community. We offer bridge loans up to $20,000,000 in all major MSAs. We have common [...]
Gelt Financial Announces Funding of $3,000,000 Multifamily Bridge Loan Company Debuts in Columbus Ohio, Announces Aggressive Q4 Growth Plans Across the U.S. DELRAY BEACH, FL (Sept. 9, 2020) – Gelt [...]
Gelt Financial has closed a $1.4MM cash out refinance mortgage for two NNN corporate-guaranteed properties located in Marietta, GA, and Chattanooga, TN. The loan, closed at 56% LTV, was [...]
Another deal done! 👊 Gelt Financial just closed on a $400k mezzanine loan on a multifamily building in Tampa, FL. To learn more about Gelt Financial’s lending capabilities and [...]
The benefits of using a hard money lender versus a bank: There are several benefits to using a hard money lender, also known as [...]
Another successful deal was closed by Gelt Financial! We’re excited to announce the closing of a $300K cash-out refinance for a medical office in Baton Rouge, LA. This property, [...]
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 [...]
Gelt Financial is thrilled to announce that we have successfully closed a $230K first mortgage on a car wash purchase in Charleston, SC. This incredible deal was completed in [...]
If you’re looking to sell non-performing mortgages, Gelt Financial, LLC is an experienced, well‑capitalized buyer that moves quickly and closes with certainty. Gelt Financial recently purchased a non-performing first [...]
JUST CLOSED IN LAKE WORTH, FLORIDA! Gelt Financial just closed a $700K First Mortgage on a 5-unit multifamily property in Lake Worth, FL. A local borrower came to us for [...]
TL;DR Bridge loans vs. hard money loans is one of the most common points of confusion in real estate investing. Hard money loans are the broader loan category, short-term, [...]
Georgia Retail First Mortgage: Gelt Financial LLC has provided a First Mortgage loan on a 15,000 SF retail strip center in Augusta, GA. Gelt is flexible with how we structure [...]
Gelt Financial loves providing Real Estate Investors and Small Business owners the small balance mortgage financing they need. We Finance Cannabis Retail locations, contact us to learn more. [...]
Some tips on how a commercial mortgage broker can earn 400k annually."Video Title: Tips on how a Commercial Mortgage Broker can make 400k annually.Speaker: Jack Miller and Michael KelmanTranscript:Jack: Michael, I want [...]
Jack and Marcy talk about some of the differences between being a residential and commercial mortgage brokers. "Marcy: Hi, it's Jack and Marcy. What are we going to talk about today? [...]
Gelt Financial does the processing for mortgage brokers. Gelt has been helping commercial real estate and investment borrowers since 1989. When your bank says NO, we say YES!
Foreclosure Bailouts: Blanket Loan on 2 Mixed-Use Properties in New Jersey — Property-Only Qualification. Gelt Financial. No personal income, no credit, no appraisal. Same-day approval and fast closing. [...]
Gelt just provided a experienced real estate investors and repeat borrower of Gelt's financing on land in Miami, Florida that's zoned for 9 units. "Jack: We're on. Marcy: Hi, how are [...]
Jack Miller and Marcy talk about a $500,000.00 loan we provided an CRE investors securing a 11% minority non liquid ownership interest in a Multi Family Partnership. Marcy: Hi Jack. Jack: [...]
Paul talks about a first mortage Gelt provided for a Jack in the Box in Texas. A CRE investor secured this deal with a credit tenant, NNN lease, and 1031 financing [...]
Jack Miller talks about what a Break up fee is and why and how it comes into play. "Hi, this is Jack Miller from Gelt Financial. I hope you're having a [...]
Michael Kelman goes into detail and lays out the business purposes and commerical mortgage that are in the stick zone of Gelt Financial and how we can get create to meet [...]
When the banks said no, Gelt Financial said YES! We just closed a loan for a South Florida condominium association after other lenders turned them down. Whether it's unique challenges or [...]
Gelt is excited to provide first mortgage financing for the owners of a multi family property in Brooklyn, NY. This property was inherited with a balloon loan that was in default. [...]
What is a LTV Loan to Value and how do we calculate it? This is not a cut and dry question. "Marcy: Hey Jack Jack: Hey Marcy, let's talk today about [...]
Gelt Financial provides a First Mortgage on a Fire damaged Investment property in Baton Rough, LA.
In this video, H. Jack Miller shares his passion for helping real estate investors and small business owners secure financing, particularly when traditional banks decline. With over 35 years in the [...]
Gelt Financial provided a Professional real estate Investors a first mortgage to payoff their existing debt and fix up a 5 unit property in Lake Worth Florida. "Jack: I love working [...]
In some situations, Gelt Financial does not require a credit report on residential investment property financing and Small commercial Mortgage Financing. Watch our latest YouTube video to learn more! Gelt has [...]
Jack Miller and Marcy talk little about how real estate investors and mortgages brokers might want to ask for 100% financing? Its best to be set up for success and sometimes its [...]
Why use a private lender? When to use a Private lender? "Marcy: Hi! Mortgage tip of the day! Jack: Mortgage tip of the day! Jack and Marcy at Gelt Financial. First, like [...]
What does the collapse and FDIC take over of Banks mean to our Borrowers and Mortgage Brokers? How will this effect us and you? "Marcy: Hello. Jack: Hey, we want to [...]
Jack Miller goes into detail on why real estate investing is the best inflation hedge and investment. He goes over it step by step. "Hello, this is Jack Miller. I hope [...]
Gelt Financial provides first mortgage financing on an owner occupied business under our no income verification program. No appraisal, no credit and no income verification. "Jack: Hello, this is Jack and [...]
Jack Miller gives a little background on what a Loan Loss reserve or an Allowance for a loan loss reserve is in lending. "Hi, this is Jack Miller. I want to [...]
Part 2: Do you have what it takes to be a Mortgage Broker- Commercial or Residential? "Hello, this is Jack Miller from Gelt Financial again. I made a video the other [...]