Condominium and Homeowners Associations in distress often cannot turn to their local bank for financing
Condominium and Homeowners Associations in distress often cannot turn to their local bank for financing, at Gelt Financial, LLC we have been a provider of financing to Condominium and Homeowners Associations in distress and in bankruptcy.
We have found that sometimes Condominium associations are in distress and need our short-term financing of up to 5 years interest only payments to allow them to get over the challenges they are facing. They need time to Stabilize and then seek traditional bank financing.
We have worked with associations in chapter 11 Bankruptcy that needed financing to exit the Bankruptcy or settle lawsuits, from vendors, neighbors, or previous lenders. When an association needs cash, often it stops doing the routine preventative maintenance and capital improvements to the property, so things can spiral out of control very fast.
Gelt Financial, LLC has been working with business, investors, and condo associations in distress for years, providing the capital they need to solve their problems. We can provide financing and structure it to meet the cash flow needs of our borrowers quickly.
When your bank says No, we say Yes.
For more information contact info@Geltfinancial.com
Private Money Lender – Related posts
Gelt Financial, LLC a non-bank commercial portfolio mortgage lender who caters to commercial real estate owners and investor financing needs is pleased to launch its “Se Habla Español” campaign. According [...]
Gelt Financial has closed a First Mortgage on the purchase of an auto body shop in Winter Haven FL. This was a purchase by and operator, who is following his [...]
The real estate industry has been on the rise for almost a decade now, and it continues to grow thanks to the booming economy. But [...]
Whether you’re a one or two-person shop or a large, correspondent lender that lends across the state or across the country, you know there are times when you get a [...]
An experienced investor was able to put under agreement of sale an Industrial building with a large amount of ground at a very good price. The property was lost to [...]
You’re in the business of providing permanent financing for all types of residential properties from single-family homes to multi-family properties. You also have solid resources to fund certain types of [...]
Hotel Mortgage Financing Missouri: Gelt Financial Announces Funding of $800,000.00 Hospitality Bridge Loan in Branson. DELRAY BEACH, FL (Dec. 30, 2020) – Gelt Financial, a leading commercial real estate direct [...]
Private money lenders are the secret weapon among commercial real estate investors and the reason behind the thriving commercial mortgage industry. Bridge loans and bridge mortgages play a critical [...]
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 First Mortgage Refinance on a convenience store in Charleston, SC. The property has been owned by a successful operator and they needed to refinance out [...]
Here are some examples of some of the deals we have done. While they are all different the common thread is we provided capital to real estate investors and self-employed [...]
Gelt Financial recently arranged $9.8 million in commercial first mortgage financing for the real estate holding company of a large substance abuse recovery center. The company acquired three properties in [...]
In the realm of commercial real estate financing, bridge loans serve as invaluable tools for investors looking to seize opportunities quickly, navigate transitions smoothly, or [...]
Jack Miller of Gelt Financial, LLC and QuickLiquidity, LLC will participate in the panel title Bridge Lending What’s the New Normal at 12:30PM EST on Tuesday October 6, 2020. The [...]
Virginia First Mortgage Purchase: Gelt Financial Announces Funding of $273,000.00 office Building in Virginia Gelt Financial, a leading commercial real estate direct lender, today announced the closing of a $273,000.00 [...]
Gelt Financial has announced a new lending program within the multifamily space and is now offering bridge loans up to $5,000,000 on properties with up to 200 units. The company [...]
Another deal closed! Gelt Financial discusses their recent closed loan on a 400k second mortgage in Tampa, FL. No appraisal, 85% debt. Interest only, short term, six month deal. We focused [...]
Jack and Marcy of Gelt Financial are back with another success story. We helped a client in Vineland, New Jersey with a joint venture equity loan and provided 100% of the [...]
The video discusses how a small loan payoff of $65,000 made to an ethnic family who owned a bodega in Atlantic City. Despite not making much profit on the deal, Gelt [...]
Gelt Financial provided a purchase mortgage first mortgage on Mixed Use Property in Brooklyn New York. No income qualification When your bank says No, we say Yes. "Marcy: Hi, all right. [...]
Why do Professional athletes come to Gelt Financial to borrow money? We dive into it.....
We just provided an experienced real estate investor 100% financing on a new purchase by talking an additional property as collateral, our mortgages were on two single-family properties in two cities, Orlando [...]
Jack Miller speaks to mortgage brokers and talks about doing business together and some things to know.
Gelt Financial can provide financing on inherited properties. We can supply the new owners the capital they need to payoff existing loans, fix the property up, or for other purposes to [...]
In some situations, Gelt Financial does not require a credit report on residential investment property financing and small commercial Mortgage Financing. Gelt has been helping commercial real estate and investment borrowers [...]
Gelt has been helping commercial real estate and investment borrowers since 1989. When your bank says NO, we say YES. "Jack: So, what— a little interview. Marcy: Sure. Jack: A little [...]
Questions from a Mortgage Broker on closing a commercial mortgage quickly. How to best prepare for a fast closing. "Jack: Okay, Marcy Berger, we're recording. First, like our YouTube channel and [...]
Just closed! Gelt Financial successfully secured a private loan for an auto body shop, a new commercial mortgage deal. No appraisal or income verification required. Watch the video to hear how [...]
In this video, Michael discusses how Gelt Financial handles prepayment penalties on commercial mortgages. They offer a creative solution by negotiating an exit fee that allows clients to avoid paying minimum [...]
Super Rush Closing to save the day. "Jack: Okay, Michael Kelman, tell everyone exactly what happened. Don't spare anything in the last 10 minutes. Michael: We have a broker who has [...]
Gelt Financial provided $500,000 as a first mortgage on an office Condominium in Orlando Florida, No appraisal, No income, No Credit, No Recourse financing. fast approval and closing. Gelt has been [...]
The video titled "Pro Guide To Commercial Mortgage Rates with Some Key Factors" by Gelt Financial, LLC discusses the factors involved in pricing a loan in the private lending space. It [...]
An email from a borrower after he paid Gelt Financial off. This is an every day event at Gelt and we are so grateful to our borrowers and love helping them succeed. [...]
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 [...]
Jack Miller and Marcy talk a little about marketing basics for commercial mortgage brokers.
In this video, Jack and Marcy provide tips for successfully closing a private or hard money loan, emphasizing the importance of preparation and transparency for both brokers and borrowers. Key tips [...]
In this video, Jack discusses a closed deal in Chesapeake, Virginia. Wherein $220,000 is provided, first mortgage on a mixed-use property to a real estate investor with poor credit. The borrower [...]
Gelt closed another deal in 5 working deals, a rehab in Miami, collateral based no appraisal. "Jack: Hey, Marcy Berger, how are you? We're making a YouTube. We haven't made one [...]
Jack and Marcy discuss the current market and share their observations, including the types of deals Gelt is currently closing and not closing, and the reasons behind these decisions. They outline [...]
Markets and the needs of borrowers are always changing, in order for a mortgage broker to survive and serve the needs of borrowers, they need to pivot. Foreclosure bailout loans and [...]











