Commercial and Investment Real Estate

Reasons to deal with Gelt Financial, LLC for your Commercial Mortgage

Some reasons to deal with Gelt Financial, LLC for your commercial or real estate investment mortgage We have a long history we were founded February 1, 1989 Experience: We have closed over 10,000 mortgages Consistent and same management team and staff Deal directly with decision makers We don’t sell our loans and that means you will deal with us all of the time. No changing terms, re-trading or low ball offers and then bait and switch. Everything is disclosed [...]

Likes and Dislikes for Mortgage Brokers

Here are a few likes and dislikes for mortgage brokers   Dislikes Sorry we do not lend on land or development deals (its not that we dislike these its we don't understand them and don't have the expertise to evaluate them, so we stick to what we know)   Likes We like low loan to values deals. We understand credit problems including previous foreclosures and bankruptcy. We like cash flow and we want to see that our loan can be repaid. We like [...]

H. Jack Miller, took part in the Ivyfon Family office conference

H. Jack Miller, took part in the Ivyfon Family office conference, on December 3, 2018 at the Hyatt regency Miami,  a guest panelist on the Real Estate investment segment at the conference. The panel talked about opportunities and challenges within the market place today. The conference is attended by family offices from all over the county.      

H. Jack Miller, Joins Ashley and Sara from Successfully Screwed Podcast and talks about failing and failure and overcoming it

H. Jack Miller joins Ashley and Sara from Successfully Screwed Podcast and talks about falling, failing and failure and overcoming it From https://www.successfullyscrewedpodcast.com/ Jack Miller's story this week on The Successfully Screwed Podcast probably represents the biggest financial loss in terms of dollar amount of any of our guests so far. But the truth is, a loss is a loss, so while YOU may not have never experienced a financial loss in the millions of dollars, you can still benefit from Gelt Financial, LLC's story [...]

Brooklyn, New York Cash out Refinance, No Income verification, Out of country borrower, partial recourse

Cash out Refinance, No Income verification, Out of country borrower, partial recourse, Property had city violations on it that need to be corrected.  They tried their bank and when their Bank said No, We said yes and closed the mortgage Gelt Financial, is a private portfolio lender and we work with borrowers who have unique challenges and issues and customize lending product that meet there needs, borrower deal directly with the decision makers who listen and understand. When dealing with Gelt [...]

Gelt relocated its offices to 5300 Atlantic Ave, Suite 205, Delray Beach, Fl 33484

Gelt is pleased to have relocated its offices to 5300 Atlantic Ave, Suite 205, Delray Beach, Fl 33484, We are very excited about this move it will give us the room we need to grow according to Jack Miller, the company’s President and Founder.   Gelt is filling a void in the market place providing real estate investors and owners of commercial real estate with the financing they need. Gelt is a non-bank private lender that provides commercial first mortgages [...]

Refinance Gas station, Pleasantville, New Jersey

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 notice from his bank, after going to numerous other banks and lenders Gelt refinanced the mortgage and took the risk away of his existing bank foreclosing on him. According to Jack Miller, this is not uncommon to have mortgages paying their banks perfectly and for technical or other reasons the [...]

Closed First mortgage fix and flip investor Coral Gables FL.

Gelt Financial, was pleased to provide 100% of the financing to a new investor who found a great deal on a single-family property in Coral Gables Florida, in need of a lot of work. We provided him with the purchase price, closing costs and money to fix up the property.  According to Jack Miller, this is a perfect example of a win-win deal, we loved the asset, location and basis and the investor got in with no money down [...]

Commercial Mortgage Closed in Pittsburgh, Pa $3,875,000.00 Bridge loan

We are happy to close a commercial mortgage loan for an experienced real estate investor in Pittsburgh, Pa on a blanket mortgage of 3 properties, 2 retail centers and 1 office building providing him the financing he needed when his bank said NO under our Bridge loan product for $3,875,000.00. We were also thrilled to work with the mortgage broker who brought the deal to us. When your bank says No, we say Yes, call us at 561-221-0900 or [...]

Dr. George Selgin, Director of monetary policy at CATO Institute with Jack Miller 10-3-18

Jack Miller, President of Gelt Financial, LLC talks to Professor George Selgin, Director of the Cato Institute's Center for Monetary and Financial Alternatives. Author and world known economics expect joins us to discuss the great recession, the governments actions,and how those actions worked or did not work, to big to fail, the government take over of banks and FNMA and Freddie Mac. The moral hazards and lines crossed during the recession as well he tells us what he thinks [...]