Closed: $665K foreclosure bailout in NJ
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 35% LTV with strong cash-flowing properties and seasoned real estate owners behind the deal. No appraisal and no minimum credit requirements.
Fast, flexible, and focused on the collateral — that’s how we get deals done. 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
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 [...]
NEW PROGRAM Commercial and real estate investor mortgages from 100k and up. 30-year terms, no balloons. All credit considered, No income verification, foreign nations, Loans to LLC, credit problem ok. [...]
As prices in several markets dip for the year 2019, a lot of people are reminded about companies going bankrupt. Consumers are not the only ones affected by this - [...]
Gelt Financial president H. Jack Miller was recently featured as a real estate expert in the Bankrate article "What Is A Private Mortgage Lender?" What Is A Private Mortgage [...]
TL;DR: What Insurance Do I Need for a Hard Money Loan? • Property insurance (hazard): Covers the physical structure against fire, wind, theft, and damage • Liability coverage: Protects [...]
Gelt Financial is excited to announce we just closed a $400K First Mortgage on two single family investment homes in Orlando, FL. If you need a hard money loan [...]
There’s been a trend in real estate, and it has been in how buyers and moguls finance their investments. There is an increasing amount [...]
Gelt Financial has provided a First Mortgage on a multifamily investment property in Brooklyn, NY. "Gelt is flexible with how we structure deals, giving us a real edge in providing [...]
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, [...]
At Gelt Financial, we love helping our customers achieve their goals. We just closed a $120K Joint Venture Equity deal for a vacant row home in Philadelphia, PA. This [...]
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 [...]
The real estate industry has been on the rise for almost a decade now, and it continues to grow thanks to the booming economy. But [...]
Gelt Financial is thrilled to announce the successful closing of a $200K deal on a Retail/Warehouse Portfolio in Kansas City. We are proud to have provided the financing for [...]
Exciting news from Gelt Financial! We recently closed a $450K sale leaseback deal for a Residential Investment Property in New Jersey. The best part is, we made it happen [...]
Commercial Mortgage Loan Closed Gelt Financial helped close a deal on a car wash in Lintoia, GA, the owner-operator chose Gelt Financial, LLC. We focus on providing financing to [...]
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 [...]
Chicago Retail Mortgage Loan: Gelt Financial has provided a First Mortgage loan on a 15,000 SF former Aldi Supermarket in Chicago, IL This loan was brought to Gelt by a [...]
Benefits of using a family owned lender: Using a family-owned lender, also known as a private lender, can provide several benefits for real estate investors. Here are some of the [...]
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 [...]
Gelt is pleased to have relocated its offices to 5300 Atlantic Ave, Suite 205, Delray Beach, Fl 33484, We are very excited about this move it will give us the [...]
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 [...]
30 Year Term/No Ballon Cash out Quick Closing and Approvals
We are pleased to be able to sponsor some of the marketing behind “Synagogue Security Tool Kit” put out by Herut North American Zionist Organization. “We are each other’s brothers/sister’s [...]
We have just closed another successful bridge loan for another happy client! We just closed a bridge loan on an office building in the Suburbs of Cleveland, Ohio. The property [...]
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 [...]
Jack Miller discusses financing and buying real estate at auctions. He advises caution, emphasizing the need for thorough planning, due diligence, and having financing in place. He also mentions that auctions can [...]
What is a Mezzanine loan. Gelt lends up and down the cap stack, debt and Equity. "Marcy: Hi. Jack: Hello, Jack and Marcy, making a socially distanced video on what a [...]
Jack and Marcy talk and debunk 5 common myths in hard money and private mortgage. Maybe people would be surprised at how useful hard money lenders are to real estate investors. [...]
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 [...]
Marcy and Jack talk about rush closings and how quickly Gelt can close on first mortgages Gelt has been helping commercial real estate and investment borrowers since 1989. When your bank [...]
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 [...]
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 [...]
Part 2: Do you have what it takes to be a Mortgage Broker- Commercial or Residential? "Hello, this is Jack Miller from Gelt Financial again. I made a video the other [...]
Gelt is always changing, evolving to improve, our products & meet needs CRE Investors & Biz Borrowers. Gelt has been helping commercial real estate and investment borrowers since 1989. When your bank [...]
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 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 [...]
In the video Jack shares his experience in real estate investing and the importance of long-term strategies. He mentioned that real estate is not always a quick way to make money, [...]
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 [...]
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 loves providing Real Estate Investors and Small Business owners the small balance mortgage financing they need. We Finance Cannabis Retail locations, contact us to learn more. [...]
Gelt Financial provides non QM mortgages on residential investment properties. Hear more from Jack and Michael on how to get started. When your bank says NO, we say YES! "Jack: Michael, [...]
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 [...]
In Bridge Loans by Gelt Financial | Commercial Bridge Loans - Explained the video discusses bridge financing, which is a short-term loan used for two purposes: to make money, such as [...]
Gelt closed another Mezzanine loan on 3 properties in 3 states with 3 tenants. this was a Collateral based loan. "Jack: I personally, I'm super excited. We just closed a mezzanine [...]
Jack Miller tells a private lender story, about a hard working borrower who owns a restaurant, was struggling with employees, could not get financing and is building the American dream. "Hi, I [...]
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 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 [...]
Gelt closes non bank commercial mortgage on an 80,000 sq. ft. office building in Toledo, Ohio, for a highly sophisticated real estate investor: "Marcy: Hi, Jack! Jack: Hey, Marcy. We're live on... [...]