Just Closed: First Mortgage on a 7 Unit Condo Portfolio in Orlando, Florida
Gelt Financial just closed and funded a first mortgage on a 7-unit condo Portfolio in Orlando, Florida. The buyer was a first-time investor who could not obtain financing through a bank or traditional sources due to credit issues and lack of income.
This was brought to Gelt by a mortgage broker, approved the same day, and closed within two weeks. No appraisal was required.
When your bank says No, we say Yes!
Check out more Florida commercial hard money loans.
Private Money Lender – Related posts
Gelt Financial just closed a $280K Mortgage for a daycare property located in the heart of Philadelphia, PA. Our dedicated team closed the deal in less than 10 days. [...]
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 [...]
Gelt Financial Announces Funding of $3,000,000 Multifamily Bridge Loan Company Debuts in Columbus Ohio, Announces Aggressive Q4 Growth Plans Across the U.S. DELRAY BEACH, FL (Sept. 9, 2020) – Gelt [...]
Gelt Financial is pleased to announce the closing of a $800K retail portfolio which included establishments in Connecticut and New York. We are honored to have played a key [...]
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 [...]
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 [...]
We were very pleased and excited to provide first mortgage purchase money financing to a hard working businessman who managed the business and got the opportunity to purchase it, using [...]
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 [...]
Gelt Financial is excited to announce a new partnership to purchase investment real estate in South Florida. To date, this partnership has purchased 8 single family homes in Palm [...]
Gelt is pleased to provide a first mortgage rehab mortgage to an investor in Birmingham, Alabama. We have a very long history of providing rehab fix and flip and fix [...]
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 [...]
Gelt Financial LLC is pleased to have closed on a investment first mortgage single family home in Darian, IL. The Buyer is a real estate investor and purchased the property [...]
DEAL CLOSED IN INDIANA! Gelt Financial provided a $200K First Mortgage on a Mobile Home Park Investment Property in Indiana. A hard money broker brought his client to our [...]
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 [...]
Gelt Financial was pleased to provide an investor group with first mortgage financing on a value-add retail center in Chicago that the buyers were the successful bidder through a national [...]
Granite City, IL- We did the loan solely on the property 24-month term. Mixed Use property refinance Non-U.S. resident credit Foreign national Lives and works overseas No credit No personal [...]
JUST CLOSED Cash-Out Refinance in Ramsey, New Jersey! Gelt Financial just closed on a $500k First Mortgage on an office building in Ramsey, NJ, a suburb of New York [...]
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 [...]
Miami Preferred Equity MultiFamily: Gelt Financial, a leading commercial real estate lender, announced the closing of a preferred equity investment on a 16-unit Multifamily property in Miami, FL. Gelt [...]
Gelt Financial, LLC was pleased to close on a Blanket Mortgage, two auto-related properties in Ohio for a borrower in Chapter 13.
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 [...]
Gelt Financial is thrilled to announce that we have successfully closed a $230K first mortgage on a car wash purchase in Charleston, SC. This incredible deal was completed in [...]
Detroit Cash Out Refinance: Gelt Financial provided a cash out refinance to an experienced real estate investor on a retail strip center in Detroit, MI. Gelt was able to focus [...]
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. [...]
Gelt just provided a experienced real estate investors and repeat borrower of Gelt's financing on land in Miami, Florida that's zoned for 9 units. "Jack: We're on. Marcy: Hi, how are [...]
Jack Miller gives an example of an interesting and creative deal. It was a TIC roll up where our borrower/partner made a lot of money using our money. "Hey Larry, this is [...]
Marcy and Jack talked about a bridge Mortgage loan that just closed on a single-tenant Humana Healthcare leased property while doing some social distancing. "Jack: Hello! this is Jack, (*Hi! *) that's [...]
Gelt Financial just provided a First mortgage on a Car Wash in South Carolina. The borrowers were entrepreneurs and this was a collateral-based Mortgage.
Jack Miller and Marcy talk little about how real estate investors and mortgages brokers might want to ask for 100% financing? Its best to be set up for success and sometimes its [...]
We buy commercial real estate debt. That includes Performing, Non-Performing, and Sub-Performing commercial debt. Jack Miller goes over the types of commercial debt that Gelt Financial buys. Gelt has been helping [...]
Gelt has been helping commercial real estate and investment borrowers since 1989. When your bank says NO, we say YES. "Jack: So, what— a little interview. Marcy: Sure. Jack: A little [...]
Is Gelt Financial a Hard Money Lender or a Private Lender? Whats the difference? What is a subprime lender? "Hi, I hope you're having a good day. I want to make [...]
Jack and Marcy talk about what is a re trade in commercial and investment real estate? Why and when does this happen? What does it mean to you? "Marcy: Hi, we're [...]
Marcy and Jack at Gelt Financial, LLC, nonbank commercial portfolio lenders, talk about the best way for a mortgage broker to submit and close a deal. Gelt offers financing to real estate [...]
Gelt Financial helped an Auto Body Shop in St Louis, Missouri with credit challenges with a no-income qualification mortgage with a 3-year term. "Hello, this is Jack Miller of Gelt Financial. I [...]
Jack Miller and Marcy talk about Gelt Financial providing an existing borrower a $300,000.00 when they needed more money, The property was in Brooklyn, New York and was a mixed use [...]
Gelt Closed a first mortgage on a single family investment property. "Jack: Hi, this is Jack, and this is Marcy. We're social distancing at Gelt Financial. I hope everyone is having [...]
Jack Miller Gelt Financial's founder talks about how to become a commercial mortgage broker. Gelt has been helping commercial real estate and investment borrowers since 1989. When your bank says NO, we [...]
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 provided a new first mortgage foreclosure bailout loan on a mixed use property ion Brooklyn, NY. The mortgage broker called us and we approved and close the loan without [...]
Jack and Marcy discuss the current market and share their observations, including the types of deals Gelt is currently closing and not closing, and the reasons behind these decisions. They outline [...]
Jack Miller and Marcy talk a little about marketing basics for commercial mortgage brokers.
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 [...]
Gelt provides foreclosure bailout loans on commercial and investment real estate. "Jack: Hello, this is Jack and Marcy at Gelt Financial. Usually, we try to be bubbly, but this is like [...]
In the video, Jack explains the difference between recourse and non-recourse loans. Recourse loans involve personal guarantees, making the borrower liable if the property can't cover the debt. Non-recourse loans, on [...]
In every market, there is an opportunity; we lay out some ways people are taking advantage of this real estate market using financing. We want to help investors Make money using our [...]
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. [...]
Gelt just provided the financing and funding on 3 single family investment properties in Florida all purchased at an auction. "Jack: Hey, this is Marcy and Jack at Gelt Financial. Hopefully, [...]