South Florida Funding for Fix and Flip/Hold
Gelt Financial is excited to announce a new partnership to purchase investment real estate in South Florida.
To date, this partnership has purchased 8 single family homes in Palm Beach County, Broward County, and Martin County, for a total of $3 million. The partnership has a goal of growing the portfolio to $15 million in the next 12 months, which will include fix and flips and well as fix and hold investments.
The partnership includes Gelt Financial and two local operators. The operators are finding the opportunities and executing on the business plan while Gelt Financial is funding the deals.
Gelt Financial has successfully teamed up with experienced local operators across the country, to provide capital for opportunistic real estate deals for the last 30 years and is eager to continue to enter into these strategic partnerships.
561-221-0900
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.
Borrower cashed out $230k on a 2-bedroom luxury condominium in the heart of downtown Miami, FL. We paid off his first mortgage and gave them a new mortgage of $603k, [...]
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Gelt Financial is excited to announce a new partnership to purchase investment real estate in South Florida. To date, this partnership has purchased 8 single family homes in Palm [...]
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DEAL CLOSED IN MIAMI, FLORIDA! Gelt Financial just closed on a $300K First Mortgage on a single-family, investment property in Miami, FL. The non-owner-occupied home was bought vacant and [...]
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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 [...]
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 FORT LAUDERDALE, FLORIDA! Gelt Financial just closed a $600K First Mortgage on a retail building in Fort Lauderdale, FL. The borrower was having trouble finding a [...]
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