First Mortgage Cash Out Refinance on a Commercial Property in Des Moine, Iowa.
Gelt Financial just provided a first mortgage cash-out refinance on a commercial property in Des Moine, Iowa. The property was recently converted from a church to multi-unit commercial. In providing the financing which banks and traditional lenders did not do, Gelt looked at the income and cash flow from the property and not the borrowers or his credit.
This was brought to Gelt by a mortgage broker and closed within weeks.
When your bank says No, we say Yes
Private Money Lender – Related posts
Gelt Financial just closed a $400K refinance loan for a medical office building in Odessa, TX. The property sits in a fantastic location with excellent parking, and the borrower came to us with strong business financials. With a low 49% LTV, this deal was a great fit for our flexible lending approach. When traditional lenders say NO, we say YES! About Gelt Financial Gelt Financial is a non-bank commercial [...]
ANOTHER DEAL DONE IN FLORIDA! Gelt Financial just closed a $100K Distressed Debt Purchase on a single-family investment property in Fort Lauderdale.Gelt Financial purchases distressed debt, nonperforming loans, and sub-performing [...]
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 [...]
Deal Closed! Gelt Financial funded a $122K First Mortgage on an investment home in McAllen, Texas. Texas real estate investors: Skip bank delays & unlock profits! Gelt Financial's private [...]
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 [...]
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 [...]
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 IN NEW YORK CITY, NEW YORK! Gelt Financial is proud to announce we just closed a $500K second mortgage on a 40+ unit apartment building in New [...]
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 THE HAMPTONS, NEW YORK! Gelt Financial is excited to announce we just closed on a $1.25MM Mezzanine Loan on a stunning property in The Hamptons, NY. [...]
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 [...]
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 [...]
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! 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 [...]
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 [...]
We are pleased to provide first Mortgage Bridge financing on a Single tenant Humana Health Care deal in Dayton, OH. The borrower came to us who owed a free standing [...]
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 [...]
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 [...]
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 [...]
JUST CLOSED IN SEVEN BUSINESS DAYS! Gelt Financial just closed a $750K First Mortgage on a retail building in Fort Lauderdale, FL. This loan needed to close FAST, and we [...]
JUST CLOSED IN FORT LAUDERDALE, FLORIDA! Gelt Financial is excited to announce we just closed a $1.4MM non-performing note purchase on an office building in Fort Lauderdale, FL. The [...]
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 [...]
We are excited to once again step in and help those who banks won’t. In this case, it was owners of a mixed use property in New Jersey which we [...]
Gelt Financial, LLC is pleased to have closed two small multi-family mortgages for a real estate investor who needed the cash out to use on another property.
Gelt Financial provided a Professional real estate Investors a first mortgage to payoff their existing debt and fix up a 5 unit property in Lake Worth Florida. "Jack: I love working [...]
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.
Marcy and Jack talk about a new closing on a day care center in Georgia. "Jack: I think we're on. Hello, this is Jack Miller, and this is Marcy Berger. How's [...]
What is the culture at Gelt Financial? Go behind the scenes with Paul Barash. Every company has its own culture—and Gelt Financial is no different.
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 [...]
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 [...]
What does the collapse and FDIC take over of Banks mean to our Borrowers and Mortgage Brokers? How will this effect us and you? "Marcy: Hello. Jack: Hey, we want to [...]
Jack Miller gives some tips for mortgage brokers. Gelt has been helping commercial real estate and investment borrowers since 1989. When your bank says NO, we say YES! "Hey, hope you're [...]
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, [...]
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 [...]
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 [...]
A Mortgage broker emailed us and asked us about marketing to banks for turndowns. Lots of opportunities out there for those willing to work at it. Watch the video to learn [...]
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 [...]
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 [...]
Why do Professional athletes come to Gelt Financial to borrow money? We dive into it.....
In the video, Jack shares valuable tips on the importance of paying attention to the details when investing in real estate. He emphasizes the need for personal involvement in conducting due [...]
Everyone has challenges at some point or another in their life; each of our challenges is different, but in today's times, a lot of people are falling behind on their mortgages [...]
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, [...]
Learn to say NO more, and you will be more focused and productive in achieving the results you want. "Jack: Okay, Jack and Marcy at Gelt Financial here. So, we want [...]
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 [...]
Gelt Financial provides mortgage debt on owner occupied business properties: "Jack: Okay, Marcy. Marcy: Hi! Jack: Yeah, we're here. Oh, remember, I always forget, like this, wherever you're seeing YouTube or [...]
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 [...]
Very high LTV, new construction, Florida almost nothings down. property only qualification. When your bank says NO, we say YES!
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 [...]