Closed: $195K Cash-Out Refinance for Daycare Center
Gelt Financial just closed a $195,000 cash-out refinance for a daycare center in Enfield, CT. The property is leased to a thriving daycare business and the real estate investor operates multiple daycare centers. Despite a below-600 FICO score, we delivered a solution with a 65% loan-to-value ratio.
At Gelt Financial, we pride ourselves on getting deals done. If you need flexible, creative financing solutions, let’s talk. When your bank says 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
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 [...]
Great news for our clients! We are excited to announce the successful closing of a $385K mortgage on an investment condo in West New York, New Jersey. This deal was [...]
A closed first mortgage in Atlantic City, New Jersey, Mixed-use, no income verification mortgage. Self-employed business owner. When your bank says No, we say Yes. Contact us on 561-221-0900 or [...]
Gelt is pleased to provide first mortgage financing to an investor who purchased a 140-room hotel in Branson, At the time the investor purchased the hotel, it was closed and [...]
Another deal done! 👊 Gelt Financial just closed on a $400k mezzanine loan on a multifamily building in Tampa, FL. To learn more about Gelt Financial’s lending capabilities and [...]
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 [...]
Just Closed in Shawnee, KS! We just wrapped up a $210K refinance on a single-family rental—and we moved fast. The borrower had low credit, the loan was nearing maturity, [...]
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 [...]
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 [...]
CLOSED IN FOUR BUSINESS DAYS!Gelt Financial is excited to announce we just closed a $600K First Mortgage on an investment condo in Daytona Beach, FL. This project was creative financing [...]
Gelt Financial, LLC was pleased to close on a Blanket Mortgage, two auto-related properties in Ohio for a borrower in Chapter 13.
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 [...]
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 [...]
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 [...]
JUST CLOSED IN FIVE BUSINESS DAYS! Gelt Financial is excited to announce we just closed an $840K First Mortgage on an office building in Orlando, FL. This project was [...]
JUST CLOSED IN BROOKLYN, NEW YORK! Gelt Financial is excited to announce the closing of a $800K first mortgage in Brooklyn, NY. The investment property was a retail building [...]
JUST CLOSED IN QUEENS, NEW YORK! Gelt Financial is excited to announce we closed a $300k First Mortgage on a Single Family Investment Property in Queens, NY. The borrower [...]
JUST CLOSED IN CITRUS SPRINGS, FLORIDA! Gelt Financial just closed a $225K First Mortgage on an owner-occupied restaurant in Citrus Springs, FL. Our borrower bought both the restaurant and [...]
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 [...]
ANOTHER DEAL DONE IN FLORIDA! Gelt Financial just closed a $60K First Mortgage on an investment condo in Fort Lauderdale, FL. Click here to view more closed Fort Lauderdale hard [...]
Deal done! Gelt Financial just funded a $240K sale leaseback for a single-family home in Port Charlotte, FL. No appraisal. No income verification. Super-fast closing. Flexible documentation. This new [...]
ANOTHER DEAL DONE! Gelt Financial recently closed on a purchase of a non-performing loan collateralized by a medical office building in Tampa, FL. The note was purchased at PAR [...]
Just Closed! Gelt Financial just closed a $406K purchase loan for a heavy value add retail center in Cocoa Beach, FL. The loan was secured at 65% LTV for [...]
Just closed! Gelt Financial delivered a $665K foreclosure bailout cash-out refinance secured by two mixed-use assets in Bound Brook, New Jersey. This low-leverage, collateral-based blanket mortage came in at [...]
Gelt Closed a first mortgages on 7 residential Investment condo's in Orlando, FL, No appraisal and a cash out on a commercial building in Des Moine, Iowa. Both deals came from [...]
Gelt Financial provided a purchase mortgage first mortgage to a family business who is expending to Florida, when they wanted to purchase commercial real estate for their Business to operate in. [...]
Gelt Financial Founder Jack Miller gives some of the great reviews and client testimonials that have come in over the last year of service from Gelt on all of their commercial mortgage [...]
Jack Miller gives a little background on a recent rush closing of a commercial mortgage office building in Orlando, FL and how it happened. What the mortgage broker and borrower did [...]
Gelt financial closes a commercial office building in Atlanta Georgia for the owner of a new business in 4 working days after the bank said no at the 23rd hour. "Jack: [...]
Jack Miller asks whether you are cut out to be a commercial or residential mortgage broker. What skills do you need? Do you have them? "Hello, this is Jack Miller at [...]
Commercial Mortgage Pawn Shop in Fort Lauderdale, FL "Marcy: Hi, Jack. Jack: Hey, Marcy. To tell people, I should, I say at the end, but I'm going to say at the [...]
Gelt is excited to partner with a local real estate investor. We provided 100% debt and equity in a deal where we purchased an office building and leased it out to [...]
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 [...]
Just Closed: $1.8MM Joint Venture Equity deal in Willow Grove, PA. We are actively providing JV Equity, Preferred Equity, Mezzanine Financing, Second Mortgages and First Mortgages. We closed this deal in [...]
This is a short video on the types of commercial and investment mortgages that Gelt Financial Provides."Jack: Okay, you're on, Michael. What do you want to make a video on today?Michael: I [...]
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 [...]
Jack Miller covers information on hard money lending (hard money loans or mortgages). Gelt has been helping commercial real estate and investment borrowers since 1989. When your bank says NO, we [...]
Gelt is excited to provide first mortgage financing for the owners of a multi family property in Brooklyn, NY. This property was inherited with a balloon loan that was in default. [...]
We made this for our borrowers and mortgage brokers, we all know in life things do not always go as planned or smoothly. We are here to help and work with [...]
Jack and Marcy answer the question if Gelt Financial raising their interest rates? "Marcy: Hi Jack. Jack: Marcy Berger, good to be with you. Marcy: Good to see you. Jack: Okay, [...]
Jack Miller and Marcy talk a little about marketing basics for commercial mortgage brokers.
Jack Miller and Marcy talk about a Mezzanine loan that just closed on a new state home in the North Shore of Long Island for a real estate investor. Mortgage broker [...]
Gelt just closed on a Debtor in Possession for a nonprofit in Chapter 11 Bankruptcy in Boca Raton, Florida. Hear how it all went down from our expert team! "Marcy: Hi, [...]
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 [...]
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 [...]
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: [...]
Gelt Financial loves working with Mortgage Brokers, and a very common question is how they get paid. This very short video answers that question. "Jack: Michael, how do Brokers get paid? [...]
Gelt closes collateral based first mortgage in San Antonio, Texas. Brought to us by a mortgage broker, closed very fast. "Jack: Okay, Marcy Berger, the angle is perfect. We're making this [...]