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
JUST CLOSED IN NEW JERSEY! Gelt Financial just closed an $800K First Mortgage on a cannabis dispensary in New Jersey. We provided cash-out refinancing to fund the borrower's rehab [...]
We are pleased to provide financing to a condominium Association that was in Chapter 11 Bankruptcy, in the Atlanta, GA area. The funding we provided them allowed them to exit [...]
Another successful deal closed by Gelt Financial! We are thrilled to have closed a $900K purchase loan for a daycare located in the suburban area of Atlanta. Our team [...]
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 [...]
Virginia First Mortgage Purchase: Gelt Financial Announces Funding of $273,000.00 office Building in Virginia Gelt Financial, a leading commercial real estate direct lender, today announced the closing of a $273,000.00 [...]
JUST CLOSED IN LAKE WORTH, FLORIDA! Gelt Financial just closed a $700K First Mortgage on a 5-unit multifamily property in Lake Worth, FL. A local borrower came to us for [...]
DEAL CLOSED IN LAKE WORTH, FLORIDA! Gelt Financial is excited to announce we just closed on a $900K First Mortgage on a retail strip center in South Florida. The [...]
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 [...]
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 [...]
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, [...]
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 [...]
JUST CLOSED IN BOCA RATON, FLORIDA! Gelt Financial is proud to announce we just closed a $400k single-family construction loan in Boca Raton, FL. A mortgage broker sought a [...]
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 [...]
JUST CLOSED! Gelt Financial is excited to announce the closing of a $250k multi-tenant office building in Chesapeake, VA. This private loan was a refinance, owner-occupied buyer, broker deal, [...]
Gelt Financial has provided a First Mortgage on a residential investment property in Wildwood, NJ. The property was a townhome, one block from the beach and Gelt was able to [...]
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 [...]
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 [...]
Gelt Financial has successfully closed a $400K purchase loan for a beautiful one-bedroom, one-bathroom condominium unit in Miami, FL. This property, valued at $665K, is primed to become a [...]
JUST CLOSED! Gelt Financial is excited to announce we just closed a $135K First Mortgage on a 2,500 retail building in Newark, NJ. When your bank says NO, we say YES! [...]
Small business is the heart of America, so we jumped on the opportunity to provide first mortgage financing on a mixed use building in VA, when someone approached us saying [...]
JUST CLOSED! Gelt Financial just closed a $250K cash-out refi for a Funeral Home in Aurora, IL. No appraisal or personal income qualification was required for this leased investment [...]
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 [...]
JUST CLOSED IN PETERSBURG, VIRGINIA! Gelt Financial is excited to announce the closing of a $150k First Mortgage in Petersburg, VA. The non-recourse loan was secured by a cash-flowing, [...]
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 [...]
Gelt Financial, LLC focuses on DIP Lending, also known as Debtor-in-Possession Financing and exit financing for Chapter 11 bankruptcy cases. Jack Miller gives a little history and overview of DIP financing [...]
Questions from a Mortgage Broker on closing a commercial mortgage quickly. How to best prepare for a fast closing. "Jack: Okay, Marcy Berger, we're recording. First, like our YouTube channel and [...]
Jack Miller speaks to mortgage brokers and talks about doing business together and some things to know.
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, Michael and Jack talk about bridge lending on 1031 NNN deals that Gelt Financial Provides. "Jack: Hello, it's Jack Marcy and Michael. Marcy: Hello. Michael: Hello. Jack: So, I wanted to [...]
Jack and Marcy of Gelt Financial are back with another success story. We helped a client in Vineland, New Jersey with a joint venture equity loan and provided 100% of the [...]
In the video, Jack explains the secondary mortgage market, where loans are bought and sold as assets. He discusses how loans, including mortgages, can be sold by originators and owners in [...]
Gelt closes on a first mortgage cash out refinancing for $300,000.00 on a strip of stores in Detroit. "Jack: Hello, everyone. This is Marcy and Jack. Marcy, what deal are we [...]
Jack and Marcy share some real-life tips for commercial Mortgage Brokers: "Jack: Okay, we're starting; we're improvising here. Marcy: Yes, because we have had mechanical problems this morning. Jack: I'm embarrassed [...]
Jack Miller gives a little background on what a Loan Loss reserve or an Allowance for a loan loss reserve is in lending. "Hi, this is Jack Miller. I want to [...]
Gelt Financial is lending and busy, while the secondary market is almost shut down and a lot of other lenders are not lending. We are busy providing commercial and investment mortgages [...]
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 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 [...]
Some tips on how a commercial mortgage broker can earn 400k annually."Video Title: Tips on how a Commercial Mortgage Broker can make 400k annually.Speaker: Jack Miller and Michael KelmanTranscript:Jack: Michael, I want [...]
In the video, Jack discusses "daisy chains" in mortgage brokering. It involves multiple brokers passing on potential borrowers, but very few of these deals actually close, leading to wasted time and [...]
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 [...]
Networking is a great source of business for mortgage brokers, Jack and Marcy at Gelt talk a little about it. "Jack: Okay, Marcy. So, like our YouTube channel or wherever you're [...]
Gelt Financial does the processing for mortgage brokers. Gelt has been helping commercial real estate and investment borrowers since 1989. When your bank says NO, we say YES!
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 [...]
Jack Miller and Marcy Berger talk about Residential Mortgage Originators and brokers getting into commercial Mortgages. How hard or easy is it? What are the differences? What do you need to know? [...]
Gelt has been helping commercial real estate and investment borrowers since 1989. When your bank says NO, we say YES! "Marcy: Hi. Jack: Hello, it's Marcy and Jack from Gelt Financial. [...]
In C Store Commercial Mortgage Closed, Atlanta Georgia it discusses about a commercial mortgage deal for a convenience store (c-store) located near Atlanta, Georgia. It features the c-store owned by a [...]
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 [...]
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. [...]