Purchase of Debt from Bank
We are pleased to announce that we have purchased a package of small balance commercial loans from a local bank. Gelt Financial, LLC has been purchasing sub and non preforming debt for over 30 years. We evaluate and make fast offers with quick closings.
As part of the company’s robust national growth strategy, Gelt Financial plans to continue to purchase, sub and non preforming commercial mortgages and debt from banks and other lenders.
To learn more about Gelt Financial’s lending capabilities and the advantages it offers to commercial real estate owners and investors across the U.S., please visit www.Geltfinancial.com
About Gelt Financial
Gelt Financial is a non-bank commercial real estate lender, which has closed more than 10,000 loans totaling over $1 billion, since its founding in 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.
Private Money Lender – Related posts
Gelt Financial, LLC in partners with our sister company DIP lending, LLC we have approved two Debtor in Possession (DIP) deals in the last few days. In both cases we [...]
Exploring the Motivations and Benefits for Lenders in the Finance Industry In the dynamic landscape of the finance industry, lenders often find themselves facing the challenge of distressed debt. [...]
Gelt Financial buying distressed debt on commercial real estate between the loan sizes of $100,000 and $5MM Are you a lender looking to sell your distressed commercial real estate debt? [...]
When a company is going bankrupt, there are things they can sell other than its assets. For one, they can also sell their debt. What is Distressed Debt? Distressed debt [...]
Purchasing distressed debt, also known as buying non-performing loans, can be a profitable investment strategy for those willing to take on the risk. Distressed debt refers to loans that [...]
We just provided with a experienced investors 4.3 Million bridge Mortgage on 3 credit tenant deals as part of a 1031 Transaction. This borrower will refinance with a bank, but a [...]
Jack Miller and Marcy talk about Gelt Financial providing an existing borrower a $300,000.00 when they needed more money, The property was in Brooklyn, New York and was a mixed use [...]
Gelt provides Condo and HOA Association Financing when banks won't. Typically banks wont deal with small associations, high delinquency, low reserves or high investor condensations as well as other reasons and [...]
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 [...]
Marcy, Michael and Jack talk about bridge lending on 1031 NNN deals that Gelt Financial Provides. "Jack: Hello, it's Jack Marcy and Michael. Marcy: Hello. Michael: Hello. Jack: So, I wanted to [...]
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 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 [...]
Gelt Financial closes a refinance on 2 small multi family properties in CT. "Jack: Hello, this is Jack and Marcy at Gelt Financial again, super excited. We're always excited here, but [...]
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 gives explains what is a Cap rate and how do I use it in Commercial Real Estate. "Hello, I hope you're having a great day. This is Jack Miller [...]
Gelt Financial loves providing Real Estate Investors and Small Business owners the small balance mortgage financing they need. Gelt has been helping commercial real estate and investment borrowers since 1989. When [...]
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 [...]
Gelt closed another deal in 5 working deals, a rehab in Miami, collateral based no appraisal. "Jack: Hey, Marcy Berger, how are you? We're making a YouTube. We haven't made one [...]
Gelt provides foreclosure bailout loans on commercial and investment real estate. "Jack: Hello, this is Jack and Marcy at Gelt Financial. Usually, we try to be bubbly, but this is like [...]
Gelt Financial closes a refinance on investment condominium in Jersey City, NJ. "Jack: Hello, this is Jack and Marcy again, here to tell you about a loan. A loan we just [...]
Gelt Financial provides mortgage debt on owner occupied business properties: "Jack: Okay, Marcy. Marcy: Hi! Jack: Yeah, we're here. Oh, remember, I always forget, like this, wherever you're seeing YouTube or [...]
A Mortgage broker bought us an Office Condo financing request for a business owner who occupied the property and could not verify income and did not quality for bank financing due [...]
Gelt Financial offers financing to HOA and Condo associations. There are plenty of associations who don't have time or cant go to a bank. What's when Gelt steps in and privies [...]
Gelt Financial provides First Mortgages on Single or Multi family residential Investment Properties that are being purchased to flip or to fix up and lease out. Gelt usually closes them very [...]
In the video, Jack explains the concept of value add in commercial real estate. Value add refers to purchasing a property and making improvements or changes to increase its value. He [...]
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 [...]
Mobile Home Park closes, in Long Island, NY Gelt has been helping commercial real estate and investment borrowers since 1989. When your bank says NO, we say YES! "Jack: This is [...]
Marcy and Jack talk a little bit about the increasing interest rate environment and what it means for commercial mortgage brokers and borrowers, and how to take advantage of it. "Marcy: [...]
Educational video on what's a draw schedule, how do they work, why a lender does it and how it protects the borrower on rehab or construction lending. "Marcy: Hello. Jack: Anyway, [...]