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 is thrilled to announce that we have successfully closed a $273K loan for a commercial retail property in Albuquerque, NM. We partnered with a mortgage broker to [...]
No Income Commercial Mortgage Closed By Gelt Financial Small commercial no income verification purchase mortgage for the owner of a small business, When your bank says No, we say Yes. [...]
DEAL CLOSED IN CINCINATTI, OHIO! Gelt Financial is excited to announce we just closed on a $100K first mortgage on a Multifamily property in Cincinnati, OH. Our borrower requested [...]
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 [...]
JUST CLOSED IN ATLANTA, GEORGIA! Gelt Financial is excited to announce we just closed a First Mortgage on a gas station in Atlanta, GA. Our repeat borrower is a [...]
Just Closed! Gelt Financial just closed a $270K foreclosure bailout in Hampton, Virginia. This was a race against the clock. The borrower was facing foreclosure and needed a solution [...]
Just closed! We recently closed on a $300K mortgage for a borrower in Charlotte who owned his single-family property free and clear. By leveraging the equity in the home, [...]
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 [...]
Gelt Financial, LLC was pleased to provide a $1,800,000.00 non-recourse first mortgage financing to a local non-profit owner of a retail shopping center in Philadelphia. The property is a neighborhood [...]
Another successful deal was closed by Gelt Financial! We’re excited to announce the closing of a $300K cash-out refinance for a medical office in Baton Rouge, LA. This property, [...]
JUST CLOSED IN NASHVILLE, TENNESSEE -- ATLANTA, GEORGIA -- NORTHAMPTON, MASSACHUSETTS! Gelt Financial is pleased to announce we just closed a $3.55MM First Mortgage on a NNN Portfolio. The [...]
Gelt closed a first mortgage for an investor with the purchase of 6 condominiums all located in the same community. Instead of buying each unit individually, we were able to [...]
Gelt Financial has closed a $1.4MM cash out refinance mortgage for two NNN corporate-guaranteed properties located in Marietta, GA, and Chattanooga, TN. The loan, closed at 56% LTV, was [...]
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 [...]
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 [...]
DEAL CLOSED IN PHILADELPHIA, PENNSYLVANIA! Gelt Financial just closed on a $250K First Mortgage on a retail property in Philadelphia, PA. A borrower called up Gelt and needed a [...]
Gelt Financial just closed a $125K refinance on a single-family home in Richmond, Virginia. The borrower wanted to do some light rehab before putting the property back on the [...]
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 [...]
We were excited to close the first mortgage on a value add property in Jackson, MS. This was brought to us by a mortgage broker, the property was partially [...]
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 [...]
Detroit Cash Out Refinance: Gelt Financial provided a cash out refinance to an experienced real estate investor on a retail strip center in Detroit, MI. Gelt was able to focus [...]
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 [...]
Gelt Financial, LLC provided self-amortizing financing for a 19-unit, self managed condominium association. The association will be using the financing to make capital improvements. Most banks would not extend financing [...]
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 [...]
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 [...]
Foreclosure Bailouts: Blanket Loan on 2 Mixed-Use Properties in New Jersey — Property-Only Qualification. Gelt Financial. No personal income, no credit, no appraisal. Same-day approval and fast closing. [...]
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 [...]
Jack and Marcy talk about a 50k first mortgage Gelt Financial just closed on a Multi family property, There is almost no where for borrowers who want to borrower small amount [...]
What is a DSCR? (Debt Service Coverage Ratio). Why use it, and how is it calculated? Jack Miller of Gelt Financial LLC goes into the details and provides step-by-step detail. "Hello, [...]
Construction First Mortgage closed on investment property spec home in Boca Raton, Fl. "Marcy: Hey Jack. Jack: Hey Marcy, let's tell everyone we just closed something. We normally don't do a [...]
Gelt Financial is a private commercial mortgage lender, and here are some advantages: speed, creativity, flexibility, common sense, and access to capital. When your bank says No, we say Yes. Gelt [...]
Gelt is excited to provide first mortgage financing for an owner of a day care center in Chicago. He is an experienced operator and this is a new business for him. [...]
We may sometimes refer to people who are struggling with thoughts of suicide as 'selfish.' In today's lesson, Leigh Ioffe busts this myth, and explains how we can take a gentler, [...]
Marcy and Jack talk about why mortgage brokers, commercial real estate investors, and business owners come to Gelt, first, they go off the rails. This is a blooper Video. "Marcy: Hi. Jack: [...]
Gelt Financial just closed a collateral-only first mortgage on a commercial property in Fort Lauderdale, FL, within 10 days. "Marcy: Hi, this is Marcy and Michael, and we're going to talk [...]
Mortgage and Real Estate Professional Tip: If you have a corporate entity like an LLC or Corporation, get your documents in order prior to trying to refinance or sell a property, [...]
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 suggests a strategy for realtors to become real estate investors without using their own money. By rolling their commissions into investment deals, realtors can transition from being [...]
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 [...]
Small Business Owner Occupied First Mortgage, provided by Gelt Financial. "Marcy: Hey Jack. Jack: Okay Marcy, so anyway, owner-occupied business, tell everyone about it. You know the details of this? Marcy: [...]
Gelt Financial provided a new first mortgage foreclosure bailout loan on a mixed use property ion Brooklyn, NY. The mortgage broker called us and we approved and close the loan without [...]
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 [...]
When the banks said no, Gelt Financial said YES! We just closed a loan for a South Florida condominium association after other lenders turned them down. Whether it's unique challenges or [...]
In the video "Feedback from a Mortgage Broker on a 4-day closing" Jack, shares positive feedback about a 4-day closing in a YouTube video. He expresses his happiness in receiving praise from [...]
Here is a client testimonial and review from our client Sam. Gelt has been helping commercial real estate and investment borrowers since 1989. When your bank says NO, we say YES! "Hi [...]
Gelt closed another Mobile Home Park Mortgage Closed in Indiana. Remember, when your bank says NO, we say YES! "Jack: Okay, Marcy Berger, we're here. Marcy: We're here. Hi, guess what? [...]
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 [...]
Jack and Marcy update you on what's going on and what types of deals we are doing during this crisis. Gelt has been helping commercial real estate and investment borrowers since [...]























