Closed- Gas Station Deal in Foreclosure
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 we were able to help this borrower pay off their existing loan encumbering two gas stations. Our loan allows the borrower to keep their property while restructuring the management of these two as well as their other investment properties.
When Banks No We Say Yes!
Private Money Lender – Related posts
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 [...]
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 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 [...]
Just closed! Another win for an experienced investor. Gelt Financial closed a $300K cash out refinance on a single-family home in Charlotte where the borrower needed funds for light [...]
JUST CLOSED! Gelt Financial is thrilled to announce the closing of a $500K Cash-Out Refinance for an owner-occupied office condominium in Orlando, FL. With a 41% LTV, this non-recourse [...]
If you’re looking to sell non-performing mortgages, Gelt Financial, LLC is an experienced, well‑capitalized buyer that moves quickly and closes with certainty. Gelt Financial recently purchased a non-performing first [...]
Gelt Financial recently closed a $925,000 first mortgage loan secured by a medical office property in Plantation, Florida. The approximately 4,500-square-foot property was appraised at $1.725 million, resulting in [...]
We are pleased to close a no income qualification refinance of the first mortgage on this non-owner occupied condominium that the owner has purchased at discounted prices over time. The [...]
Deal Closed! Gelt Financial helped secure a $60K First Mortgage on an Office Building in the bustling and vibrant city of Kansas City, MO! At Gelt Financial, we take [...]
Just Closed! We just funded a $240K cash-out refinance for two single-family homes in Marmora and Westville, New Jersey! This deal was a blanket mortgage with a 43% LTV — a solid, low-leverage, collateral-based loan. [...]
$247,000 Cash Out Refinance for Three-Unit Neighborhood Retail Strip in Charlotte, North Carolina Gelt Financial closed a $247,000 cash-out refinance on a three-unit neighborhood retail strip in Charlotte, North [...]
We just provided an experienced real estate investor 100% financing on a new purchase by talking an additional property as collateral, our mortgages were on two single-family properties in [...]
DEAL CLOSED IN CHICAGO, ILLINOIS! Gelt Financial just closed on a $900k Bridge-to-Agency Loan in Chicago, IL. This professional investor could not close with traditional financing from Fannie/Freddie due [...]
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 [...]
JUST CLOSED! Gelt Financial is proud to have assisted a condo association in Hialeah, FL with securing $200K in financing for essential improvements. The 40-unit condo association needed immediate [...]
Gelt Financial closed a first mortgage on a mobile home Park in Clio, Michigan. It has 70 units, is not stabilized and we provided financing to clean up, expand and [...]
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 [...]
JUST CLOSED IN METUCHEN, NEW JERSEY! Gelt Financial is excited to announce the closing of a $600k First Mortgage in Metuchen, NJ. This private mortgage was a refinance for [...]
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 [...]
We're excited to share our latest successful partnership at Gelt Financial! We recently provided $330K in financing for a Condominium Association in South Florida. This capital will be used [...]
Just Closed! We just closed a $300K refinance for an owner-occupied commercial condominium in Philadelphia, PA—home to a local dance studio. The borrower’s previous loan was in forbearance, but we stepped in and [...]
Deal closed! Gelt Financial recently completed a $350,000 refinance for a daycare center in Duncan, South Carolina, designed to give the borrower the flexibility and breathing room they needed. [...]
TRIPLE-NET DEAL CLOSED IN ALABAMA, OHIO, AND TEXAS! Gelt Financial is excited to announce we just closed on a $500K Mezzanine Loan on an NNN Portfolio in Alabama, Ohio, [...]
Gelt Financial just closed a $150K low-leverage cash out refinance on a renovated condo unit in Naples, Florida. The borrower inherited the unit, completed improvements, and is preparing to [...]
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: [...]
Marcy at Gelt wishing you abundance! Gelt has been helping commercial real estate and investment borrowers since 1989. When your bank says NO, we say YES! "Marcy: Hello. How's it going? [...]
Jack talks about the difference between an Exclusive versus Non-Exclusive Fee Agreement for Mortgage Brokers. "Hello, this is Jack Miller at Gelt Financial. Hope you're having a fantastic day. I want [...]
What’s needed for a fast and smooth mortage closing at Gelt Financial? And what can cause delays? Go behind the scenes with Jack Miller and Marcy Berger at Gelt Financial to [...]
Jack Miller and Marcy talk about how to value commercial and investment real estate. Gelt has been helping commercial real estate and investment borrowers since 1989. When your bank says NO, [...]
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. [...]
In the video Jack explains the concept of phantom income in real estate investing. Phantom income refers to situations where investors may not receive cash distributions despite owning a share of [...]
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 [...]
Markets are always changing and moving in order to survive Mortgage brokers need to pivot to what they can close and make money with. Condominium Association loans is an excellent way [...]
Gelt Financial closes a refinance on 2 auto related properties in Ohio, while the borrower was in Chapter 13. "Marcy: Hi, it's us again. Jack: It's us, this is Jack and [...]
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? [...]
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 [...]
Educational video on what's a draw schedule, how do they work, why a lender does it and how it protects the borrower on rehab or construction lending. "Marcy: Hello. Jack: Anyway, [...]
Jack Miller goes into detail on why real estate investing is the best inflation hedge and investment. He goes over it step by step. "Hello, this is Jack Miller. I hope [...]
Mortgage Broker just made $25,900 on a Foreclosure Bailout Blanket Loan for 2 Mixed-Use Properties in New Jersey. Property-only qualification with Gelt Financial. No personal income, no credit, no appraisal. Same-day [...]
Michael talks about the financing Gelt Financial provides owners of Funeral Homes and other business. Remember when your bank says NO, we say YES!
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. [...]
Jack discusses how "fix and flip”, and rehab loans works. He highlights his extensive experience, having done thousands of loans for investors. Gelt Financial offers loans up to 65% of the [...]
Marcy and Jack talk a little bit about the increasing interest rate environment and what it means for commercial mortgage brokers and borrowers, and how to take advantage of it. "Marcy: [...]
Gelt Financial, LLC is pleased to announce and start to offer a second mortgage program on some income producing properties where we are offering a first mortgage on of 5% of [...]
Gelt Financial provided $450,000 as a first mortgage on a Commercial building that was lost at a sheriff's sale and purchased back. No appraisal, no income, no credit, no recourse financing. [...]
We do not have any minimum credit scores and in some cases, credit is not needed. Gelt has been helping commercial real estate and investment borrowers since 1989. When your bank says [...]
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 [...]
Gelt Financial provides a First Mortgage on a Fire damaged Investment property in Baton Rough, LA.