Closed: $145K Joint Venture Equity in Philadelphia, PA
JUST CLOSED! Gelt Financial is excited to announce the closing of a $145K Joint Venture Equity deal for a row home in Philadelphia, PA.
This 100% LTV financing supports the purchase and late-stage rehab of the property, which is currently leased to a tenant. The plan? Complete the rehab, increase rent, and refinance with a conventional lender.
With an experienced real estate investor behind the project, we’re proud to be part of this profitable venture.
At Gelt Financial, we’re here to help investors like you achieve your goals with flexible, fast solutions. 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.
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