Purchase of Debt from Bank

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 [...]

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 [...]

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? [...]

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. [...]

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 [...]

No credit scores or low credit scores may be okay at Gelt Financial. We look at the entire picture. Gelt has been helping commercial real estate and investment borrowers since 1989. When [...]

In the video Jack explains the concept of phantom income in real estate investing. Phantom income refers to situations where investors may not receive cash distributions despite owning a share of [...]

Gelt financial closes a commercial office building in Atlanta Georgia for the owner of a new business in 4 working days after the bank said no at the 23rd hour. "Jack: [...]

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 [...]

Gelt Financial, LLC is pleased to announce and start to offer a second mortgage program on some income producing properties where we are offering a first mortgage on of 5% of [...]

4 Day Investment Property Closing, Gelt Financial moves very fast-Commercial & Investment mortgages."Marcy: Hi Jack.Jack: Marcy, we just closed a couple of deals, but one, in particular, closed in. It came in [...]

Gelt Financial closes a rehab mortgage to finish a property in Birmingham, Alabama. "Jack: Hello, this is Jack and Marcy at Gelt. Anyway, okay, new closing property in Birmingham, Alabama. Tell [...]

Jack and Marcy of Gelt Financial are back with another success story. We helped a client in Vineland, New Jersey with a joint venture equity loan and provided 100% of the [...]

Gelt Financial, LLC just closed a $1,000,000.00 first mortgage on a Building leased to Wendy's in TN. This was closed without an appraisal and within a week, the borrower needed a [...]

Gelt Financial Founder Jack Miller gives some of the great reviews and client testimonials that have come in over the last year of service from Gelt on all of their commercial mortgage [...]

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 [...]

Marcy and Jack talk about the eviction moratorium, non paying tenants and borrowing money in today's times. "Jack: Okay, we're live, Marcy. Marcy: All right, we're live. Jack: So let's continue [...]

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 [...]

In Foreclosure Bail Out, commercial Property in Brooklyn NY, it discusses Gelt Financial's provision of foreclosure bailout loans for commercial properties in Brooklyn, New York. It emphasizes our ability to quickly [...]

Gelt Financial provides first mortgage financing on an owner occupied business under our no income verification program. No appraisal, no credit and no income verification. "Jack: Hello, this is Jack and [...]

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 [...]

In the video, Jack shares a valuable tip for investors: many people and businesses fail because they take on too much and lose focus. He advises caution, emphasizing the importance of [...]

Jack Miller gives a little history of the term Hard Money lending and Private Money Lender and what's the difference between the two, if any. He talks about the differences between [...]

In the video, Jack shares real estate investing tips. His main advice is to not get too attached to any deal and be prepared to walk away. He emphasizes the importance [...]

Some tips on how a commercial mortgage broker can earn 400k annually."Video Title: Tips on how a Commercial Mortgage Broker can make 400k annually.Speaker: Jack Miller and Michael KelmanTranscript:Jack: Michael, I want [...]

Jack and Marcy of Gelt Financial are excited to announce we just closed on a $1.6MM mezzanine loan on a 60k SF office building in Houston, TX. The property was valued [...]

In some situations, Gelt Financial does not require a credit report on residential investment property financing and small commercial Mortgage Financing.  Gelt has been helping commercial real estate and investment borrowers [...]

Markets are always changing and moving in order to survive Mortgage brokers need to pivot to what they can close and make money with. Condominium Association loans is an excellent way [...]

Jack Miller advises mortgage brokers on everything they should have ready and provide to lenders to get their loans closed FASTER.