Bridge Lending Small Multi-Family – Commercial bridge loans made easy by Gelt Financial Multifamily, a classification of residential housing where multiple units (typically greater than 4), are within one or more structures within in a complex, has become one of
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 stated that they will be offering these loans and on
Gelt Financial closed a first mortgage on a mobile home Park in Clio, Michigan. It has 70 units, is not stabilized and we provided financing to clean up, expand and purchase single-wides as an additional real estate investment opportunity.
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
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 the first mortgage on. They occupied the first floor
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
We were excited to close the 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