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 we provided them with the funds to complete the rehabilitation project. Gelt has been active in the rehab and fix and flip market for more then 10

By |2019-03-14T15:59:19-04:00November 16th, 2018|0 Comments

Closing First Mortgage Mixed Use Orange, New Jersey

We are excited to once again step in and help those who banks won’t. In this case, it was owners of a mixed-use property in New Jersey which we provided a first mortgage on. They occupied the first floor for their business and leased out 2 units on the second floor. We paid off very

By |2019-03-14T16:08:34-04:00September 21st, 2018|0 Comments

Blanket Mortgage Closed in South Carolina No Income Verification

Gelt closed a first mortgage for an investor with the purchase of 6 condominiums all located in the same community. Instead of buying each unit individually we were able to help this borrower with a no income verification blanket loan on all 6 properties. With a 25% down payment he was able to add these South

By |2019-03-14T16:05:24-04:00September 3rd, 2018|0 Comments

Closing in Jackson, MS Commercial Property

We were excited to close a first mortgage on a value add property in Jackson, MS. This was brought to us by a mortgage broker, the property was partially occupied with long term tenants. It also had a lot of upside which the investor saw. When his bank says No, We said yes and financed

By |2019-03-03T01:16:08-04:00September 2nd, 2018|0 Comments

Philadelphia Closed Mortgage- Investor Rehab

First mortgage closed in Philadelphia on a mixed us property that the owner had purchased and needed to be fixed up. The Investor saw potential value, came to us and we lent her the funds she needs to fix up the property and lease it out. We are fast and flexible, deal directly with the

By |2019-03-14T16:06:16-04:00September 2nd, 2018|0 Comments

Multi Family Mortgage-Freddie Mac Small Balance Closing

Gelt Financial assisted the owner of a 35 unit apartment building in North Huntingdon, PA in arranging a cash out refinance using the Freddie Mac Small Balance Loan program.  The Borrower will be able to use the proceeds for additional investments.  Just as important, the Borrower was able to get an attractive ten year fixed

By |2019-03-03T01:16:37-04:00August 2nd, 2018|0 Comments

Closed Bridge Mortgage on Multi Family

Closed $3,050,000.00 Bridge financing for a 28 unit apartment in Detroit. The sponsor will use the funds for additional investments as he continues to improve operations. The apartment building represents continued economic growth in the downtown area. When your bank says No, we say Yes, 561-221-0900 or  

By |2018-05-07T12:57:03-04:00May 7th, 2018|0 Comments