Closed: $125K Single Family Rental in Richmond, VA
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 market, and we made it happen with a quick, collateral-based loan.
No income verification. No appraisal. Low leverage at 33% LTV. Just straightforward funding to keep the project moving.
That’s the Gelt way. 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 has successfully closed a $400K purchase loan for a beautiful one-bedroom, one-bathroom condominium unit in Miami, FL. This property, valued at $665K, is primed to become a [...]
JUST CLOSED IN DOTHAN, ALABAMA! Gelt Financial closed a $600K First Mortgage on a NNN Property in Dothan, AL. A PopShelf, a credit-rated tenant with a corporate guarantee, secured [...]
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 [...]
JUST CLOSED! Congratulations to our client on securing $328,250 for a Sale-Leaseback transaction on a ready-to-rent townhome in Atlanta, GA. The loan was structured at 65% LTV, providing the [...]
Gelt Financial, LLC was pleased to close on a Blanket Mortgage, two auto-related properties in Ohio for a borrower in Chapter 13.
Gelt Financial is excited to announce we just closed on a $1.6MM mezzanine loan on a 60k SF office building in Houston, TX. The capital provided by Gelt will [...]
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 IN NEW JERSEY! Gelt Financial just closed an $800K First Mortgage on a cannabis dispensary in New Jersey. We provided cash-out refinancing to fund the borrower's rehab [...]
As a borrower, you may be curious about your options in securing a loan for your commercial mortgage, to grow your real estate investments, and to fund your projects [...]
This month, Gelt Financial was featured in Scotsman Guide, the leading commercial real estate lending publication. See the featured article below: Let’s face it: The days of historically low interest rates, [...]
If you own a commercial or investment property and want to borrow less than $150,000.00, you have limited choices. Most go to costly merchant cash advance loans that charge 60% [...]
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 [...]
The Definition of Bridge Loans If you’ve dabbled in real estate, have dipped your toes in homeownership for some time, or are just beginning your journey into the vast [...]
Gelt Financial Announces Funding of $200,000.00 Office Building in Ohio Gelt Financial, a leading commercial real estate direct lender, today announced the closing of a $200,000 first purchase money [...]
Gelt Financial is a top hard money lender that is known for its ability to close loans quickly, often in just a few weeks. Unlike traditional lenders, who often require [...]
How to Save your Self Storage Center from Financial Ruin Owning a self storage center is great business. However, we have realized that the prospect is less than satisfactory 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 [...]
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 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 [...]
Jack Miller, President of Gelt Financial, LLC talks to Professor George Selgin, Director of the Cato Institute's Center for Monetary and Financial Alternatives. Author and world-known economics expert join us [...]
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. [...]
We are pleased to provide financing for a real estate investor on a cash-out refinance on an investment property in Pennsylvania. The borrower cashed out to pay tax liens as [...]
We closed the first mortgage for an experienced fix and flip investor cash out on a newly rehabbed SFR in New Orleans LA. Borrower completed a full rehab on the [...]
Jack Miller covers the main differences between private lending and funding vs. getting a loan at a commercial bank. Gelt has been helping commercial real estate and investment borrowers since 1989. When [...]
Chicago Office Condo Mortgage Closed, No income Verification for owners of Business. "Chicago, Chicago, that title in town, that title in town. I love it. Bet your bottom dollar that you'll [...]
Comments like this keep us going. We LOVE IT! JUST CLOSED! Gelt just closed on a non arms length foreclosure bail out mortgage in a Suburb's of Philadelphia, PA. Hear how it [...]
Gelt Financial closes a a refinance First Mortgage on a Hospitality Property in Branson, MO. "Jack: We got a hotel—an extended stay hotel. We just closed in Branson, Missouri. We know [...]
Closed First Mortgage on a Restaurant Bar in Philadelphia. Gelt has been helping commercial real estate and investment borrowers since 1989. When your bank says NO, we say YES! "Jack: Hey, [...]
Gelt Financial helped an Auto Body Shop in St Louis, Missouri with credit challenges with a no-income qualification mortgage with a 3-year term. "Hello, this is Jack Miller of Gelt Financial. I [...]
Jack and Marcy go into details on what they are seeing in the marketplace and how Gelt is doing deals. No appraisal, rush deals, bank and other lender turndowns and much [...]
Why do real estate investors and business owners like coming to Gelt Financial for their capital needs? This says it all. When your bank says NO, we say YES! "Marcy: Hey [...]
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 provided a purchase mortgage first mortgage to a family business who is expending to Florida, when they wanted to purchase commercial real estate for their Business to operate in. [...]
Jack Miller and Marcy talk about a Mezzanine loan that just closed on a new state home in the North Shore of Long Island for a real estate investor. Mortgage broker [...]
Jack Miller closed another commercial mortgage, this time for a car wash. Gelt has been helping commercial real estate and investment borrowers since 1989. "Jack: This is Jack. Marcy: This is Marcy. [...]
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 [...]
A small taste of what Marcy Berger does every day at Gelt Financial. Gelt has been helping commercial real estate and investment borrowers since 1989. When your bank says NO, we [...]
In the video, Jack shares his top 11 reasons to be in the mortgage business. These include no formal education requirement, a consistent demand for mortgage services, high income potential, and [...]
A must-watch for everyone who wants to be a commercial mortgage broker or who is one. A simple, easy tool that everyone should have and is easy to get. What do you [...]
Washington DC, Investment real estate 2 unit 1st Mortgage Bridge Loan cash out refi, No income verification foreclosure bail out. Fast approval and Closing. When your bank says No, we say [...]
Jack Miller goes over the Mortgage Brokers' Commissions, Mortgage Broker Fee Income, and more
Jack Miller covers information on hard money lending (hard money loans or mortgages). Gelt has been helping commercial real estate and investment borrowers since 1989. When your bank says NO, we [...]
Gelt Financial closed a 1st mortgage rehab loan in Virginia for a cash out refinance to fix up the property, no appraisal or income verification.
Commercial Mortgage Pawn Shop in Fort Lauderdale, FL "Marcy: Hi, Jack. Jack: Hey, Marcy. To tell people, I should, I say at the end, but I'm going to say at the [...]
Jack and Marcy go into details and talk about Whats needed to have a 4 day closing on a investment or commercial mortgage. It happens all of the time, but all [...]
Proud to have financed an owner-occupied day care center in Philadelphia! At Gelt Financial, we’re committed to helping small business owners achieve their dreams with flexible financing options tailored to your [...]
Jack Miller of Gelt Financial addresses a common misconception on why some businesses file Chapter 11 Bankruptcy. Gelt Financial is a bankruptcy DIP and Exit lender.