Closed: $120K Joint Venture Equity Deal in Philadelphia, PA
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 100% LTV financing makes it possible to purchase and complete a late-stage rehab on the property. The plan? Finish the rehab, lease it out, and refinance with a conventional lender.
We welcome challenges where others might say no. No credit requirements, no income verification process—just a commitment to getting the deal 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
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 [...]
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 [...]
JUST CLOSED IN WASHINGTON, D.C.! Gelt Financial just closed a $480K First Mortgage on a daycare center in Washington, D.C. metro area. This deal closed in just two weeks. [...]
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! 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. [...]
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 [...]
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 [...]
Chicago suburbs, the mixed-use property being purchased by an attorney at a discount price. We provided the first mortgage under our no income qualification program. Gelt Financial, is a private [...]
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 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 just funded a $250K cash-out refinance loan for a single-family home in Washington, DC. No appraisal. Super-fast closing. Cash-out refinance. Flexible documentation. The borrower, a [...]
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 [...]
Gelt Financial, LLC was please to provide a real estate investor with a $150,000.00 first mortgage refinancing on a residential investment condominium in Jersey City, New Jersey. This is another [...]
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 [...]
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! 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 [...]
JUST CLOSED IN ENGLEWOOD, FLORIDA! Gelt just closed a $235K First Mortgage purchase for a father and son team who operates outside of Florida. The duo wanted to expand [...]
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 [...]
Just Closed! Gelt Financial just funded a $135K cash-out refinance for a single-family home in Baton Rouge, Louisiana! This deal came in at a 49% LTV — a strong, low-leverage, collateral-based loan with no income [...]
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 [...]
Gelt Financial just funded a $450,000 refinance loan for a single-family home in beautiful Charleston, SC. The borrower plans to renovate the property and turn it into a rental. With a 64% LTV and no income verification required, this deal highlights the flexibility we bring to real estate investors. Looking for creative financing? We can help. When your bank says NO, we say YES! About Gelt Financial Gelt Financial is a [...]
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 are happy to close a commercial mortgage loan for an experienced real estate investor in Pittsburgh, Pa on a blanket mortgage of 3 properties, 2 retail centers and 1 [...]
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 closes a purchase of a Gas station/ C store in Ohio. "Jack: This is Jack, and Marcy, new socially distanced closing, a gas station in Ohio—Steubenville. I've actually been [...]
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. [...]
The video discusses how a small loan payoff of $65,000 made to an ethnic family who owned a bodega in Atlantic City. Despite not making much profit on the deal, Gelt [...]
Jack Miller talks about what a Break up fee is and why and how it comes into play. "Hi, this is Jack Miller from Gelt Financial. I hope you're having a [...]
Gelt Financial loves Chicago! We love to do business in Chicago. When your bank says no, we say YES! #privatelending #commercialrealestate #Chicago "Marcy: hi. Jack: hey, it's Jack and Marcy at Gelt [...]
Gelt Financial closes a rehab mortgage to finish a property in Birmingham, Alabama. "Jack: Hello, this is Jack and Marcy at Gelt. Anyway, okay, new closing property in Birmingham, Alabama. Tell [...]
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 provided $500,000 as a first mortgage on an office Condominium in Orlando Florida, No appraisal, No income, No Credit, No Recourse financing. fast approval and closing. Gelt has been [...]
Jack Miller gives some tips to commercial mortgage brokers in challenging times.
Jack Miller, being in the lending business for over 35 years, tells commercial mortgage brokers the number one thing they need to know and do to succeed. "Hello, this is Jack [...]
Gelt Financial can provide financing on inherited properties. We can supply the new owners the capital they need to payoff existing loans, fix the property up, or for other purposes 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: [...]
Jack Miller talks about surviving a down term. How he survived numerous downturns and reinvested the company. What he learned along the way. "Well, this is Jack Miller. I hope this [...]
In the video, Jack shares real estate investing tips. His main advice is to not get too attached to any deal and be prepared to walk away. He emphasizes the importance [...]
Gelt Financial provides first mortgage financing on a medical office building in Ohio for a service business. "Jack: Hello, this is Jack, and Marcy... you know what, Marcy, during a little [...]
Jack Miller gives a little explanation on why lenders charge prepayment penalties, the different types of them and some tips on how to analyze and negotiate the best one for your [...]
In the video, Jack discusses JV equity in real estate investment, where partners provide the down payment and others find and manage the property. Gelt Financial offers JV equity to investors [...]
In this video, Michael discusses how Gelt Financial handles prepayment penalties on commercial mortgages. They offer a creative solution by negotiating an exit fee that allows clients to avoid paying minimum [...]
In our latest YouTube video, Michael explains what a mortgage broker or borrower should send to Gelt Financial—or any lender—for a deal to be reviewed for approval. When your bank says [...]
Gelt Financial just closed a note-on-note financing deal for a small commercial real estate loan in New Jersey—in under a week! No appraisal, no environmental reports, and no income verification needed. [...]
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 [...]
When a borrower ran short of capital to complete the repairs and their current lender would not lend them more money, Gelt step up and approved a second mortgage. "Jack: Hey, [...]
Jack and Marcy of Gelt Financial are excited to announce we just closed on a $1.6MM mezzanine loan on a 60k SF office building in Houston, TX. The property was valued [...]
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 [...]