Closed: $400K foreclosure bailout for a Retail Building in Battle Creek, MI
Another successful closing by Gelt Financial, your trusted private lender. We just closed on a $400K foreclosure bailout for a retail building in Battle Creek, MI. This well-maintained property, currently serving as a beauty school, includes several offices and a large parking lot.
Our borrower, a professional beautician facing pre-foreclosure, needed a lifeline. With a 600 FICO score, we provided the funds with no appraisal or personal income qualifications required, securing a 67% loan-to-value ratio.
At Gelt Financial, we specialize in flexible, hassle-free financing solutions. When traditional banks say NO, we say YES!
About Gelt Financial
Gelt Financial is a non-bank commercial real estate lender. 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.
For more info on how Gelt can help you with an investment property or on any of our other various products and services, look at what President Jack Miller does on Gelt’s YouTube channel, and for more info on our completed deals, check our Deals Done.
Private Money Lender – Related posts
CLOSED! 👊 Gelt Financial just closed on a $100k first mortgage on an office building in Greensboro, NC. To learn more about Gelt Financial’s lending capabilities and its advantages to [...]
DEAL CLOSED IN SANTA FE, NEW MEXICO! Gelt Financial is excited to announce we just closed on a $1MM first mortgage on an office building in Santa Fe, NM. [...]
Gelt Financial is excited to announce we just closed a $400K First Mortgage on two single family investment homes in Orlando, FL. If you need a hard money loan [...]
ANOTHER DEAL DONE! Gelt Financial recently closed a $185K First Mortgage in Cleveland, OH, on an owner-occupied warehouse. Gelt does not shy away from complicated financing situations. We work [...]
JUST CLOSED IN DOTHAN, ALABAMA! Gelt Financial closed a $600K First Mortgage on a NNN Property in Dothan, AL. A PopShelf, a credit-rated tenant with a corporate guarantee, secured [...]
At Gelt Financial, we love helping our customers achieve their goals. We just closed a $120K Joint Venture Equity deal for a vacant row home in Philadelphia, PA. This [...]
Just Closed! Gelt Financial just funded a $135K cash-out refinance for a single-family home in Baton Rouge, Louisiana! This deal came in at a 49% LTV — a strong, low-leverage, collateral-based loan with no income [...]
Cash Out Refinancing Gelt Financial, LLC was pleased to provide first mortgage cash-out financing for this owner-occupied restaurant in Grand Rapids, Michigan. A mortgage broker brought us this deal. It's [...]
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 [...]
JUST CLOSED IN TOLEDO, OHIO! Gelt Financial is excited to announce the closing of a $1.7MM First Mortgage in Toledo, OH. This stunning 80k square-foot office/retail building was highly [...]
Just closed! We just closed a $175K 12-month interest-only loan for a mixed-use property in Eustis, Florida. With fast, flexible financing from Gelt Financial, the borrower was able to [...]
LOAN CLOSED IN JUST FOUR BUSINESS DAYS! Gelt Financial just closed a $185K Cash Out First Mortgage in West New York, NJ on an investment condominium. The buyer needed [...]
JUST CLOSED! Gelt Financial is pleased to announce we just closed a $325K First Mortgage on an Industrial Property in Pueblo, CO. This was structured as a cash-out refinance [...]
We are excited to announce a closing under our new Small First Mortgage Lending Program of a $75,000 first mortgage on a day care center in the suburbs of Philadelphia. [...]
JUST CLOSED! Gelt Financial just funded a $750K purchase loan for a cannabis dispensary conversion in Marlton, NJ. With 34% LTV, the borrower, who holds a cannabis license, is [...]
Gelt Financial has just closed a blanket loan on owner-occupied gas stations and C-stores in New Jersey. The current Bank called the loan due and put them in foreclosure and [...]
Virginia First Retail Mortgage: Gelt Financial, LLC is pleased to have provided a 1st mortgage and a Line of credit 2nd mortgage on an auto repair and sales center in [...]
JUST CLOSED! Congratulations to our client on securing $328,250 for a Sale-Leaseback transaction on a ready-to-rent townhome in Atlanta, GA. The loan was structured at 65% LTV, providing the [...]
Gelt Financial provided a first mortgage cash-out refinance on a mixed-use commercial property in Indianapolis, IN. In providing the financing that banks and traditional lenders did not do, Gelt looked [...]
JUST CLOSED IN MANHATTAN, NEW YORK! Gelt Financial is proud to announce that we just closed a $200K First Mortgage on a stunning condo on Park Avenue in Manhattan. [...]
Chicago suburbs, the mixed-use property being purchased by an attorney at a discount price. We provided the first mortgage under our no income qualification program. Gelt Financial, is a private [...]
JUST CLOSED IN BRADENTON, FLORIDA! Gelt Financial closed a $220K First Mortgage on a single-family investment property in Bradenton, FL. Our client needed a fix-and-flip loan with short-term financing [...]
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 [...]
Just Closed! Gelt Financial has successfully closed a $715,000 blanket refinance for three single-family homes in Vero Beach, FL. The properties, all located in the same neighborhood, were refinanced at [...]
At Gelt Financial, you will deal with a decision maker who can approve and close your commercial on investment mortgage fast with great flexibility. "Marcy: Hi, now we're here. Jack: Marcy [...]
Borrower tip if you own and LLC and are borrowing money. Remember, when your bank says NO, we say YES! Jack: Hey Jack and Marcy at Gelt Financial. Marcy: Hi! How’s [...]
Mortgage and Real Estate Professional Tip: If you have a corporate entity like an LLC or Corporation, get your documents in order prior to trying to refinance or sell a property, [...]
Gelt Financial, LLC just closed a $1,000,000.00 first mortgage on a Building leased to Wendy's in TN. This was closed without an appraisal and within a week, the borrower needed a [...]
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. [...]
Jack Miller and Marcy closed a very quick closing in Florida for a real estate investor on a single family investment property."Marcy: Hi Jack.Jack: Hey Marcy, how you doing? Our first video [...]
Marcy Berger is Retiring from Gelt Financial. She will be greatly missed.
Michael talks about the financing Gelt Financial provides owners of Funeral Homes and other business. Remember when your bank says NO, we say YES!
Jack Miller goes over the Mortgage Brokers' Commissions, Mortgage Broker Fee Income, and more
It's important for Mortgage Brokers to focus and find a Niche, be an expert get in the heads of borrowers and lenders. Focus, Focus, and Focus. "Jack: Hey Jack and Marcy [...]
Jack Miller gives his opinion on leaving your job and becoming a full time real estate investor. What has he seen over the years: "How you doing? This is Jack Miller. [...]
Jack Miller gives explains what is a Cap rate and how do I use it in Commercial Real Estate. "Hello, I hope you're having a great day. This is Jack Miller [...]
Gelt is excited to provide first mortgage financing for an owner of a business who purchased a home for his employee's to live in. The buyer owned several restaurant business with [...]
Meet Marcy Berger at Gelt FinancialGelt has been helping commercial real estate and investment borrowers since 1989. When your bank says NO, we say YES!"Good morning, good afternoon, good evening. Not sure [...]
Some tips for Mortgage Brokers from Jack Miller at Gelt Financial, LLC on how to be a more successful mortgage broker. Gelt has worked with brokers for over 30 years and is [...]
Gelt Financial closes a refinance on 2 small multi family properties in CT. "Jack: Hello, this is Jack and Marcy at Gelt Financial again, super excited. We're always excited here, but [...]
Can you Invest in Mortgages or Trust Deeds using a Self Directed IRA Gelt has been helping commercial real estate and investment borrowers since 1989. When your bank says NO, we [...]
Jack Miller tells everyone the most unbelievable thing a borrower said to him. It was something that he will remember forever. He also talks about how Gelt helps borrowers, who are real [...]
Construction First Mortgage closed on investment property spec home in Boca Raton, Fl. "Marcy: Hey Jack. Jack: Hey Marcy, let's tell everyone we just closed something. We normally don't do a [...]
Washington DC, Investment real estate 2 unit 1st Mortgage Bridge Loan cash out refi, No income verification foreclosure bail out. Fast approval and Closing. When your bank says No, we say [...]
Marcy and Jack talk about why mortgage brokers, commercial real estate investors, and business owners come to Gelt, first, they go off the rails. This is a blooper Video. "Marcy: Hi. Jack: [...]
JUST CLOSED! Gelt just closed on a non arms length foreclosure bail out mortgage in a Suburb's of Philadelphia. Pa Hear how it all went down from our expert team! "Jack: Michael [...]
In the video, Jack explains the concept of a co-tenancy clause in a lease, particularly in retail leasing. The clause allows one tenant to terminate or modify their lease if another tenant [...]
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 [...]