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 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? [...]

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 [...]

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. [...]

Jack Miller gives a explanation on what an exit fee is. "Hello, this is Jack Miller at Gelt Financial. Hope you're having a fantastic day. We get a question a lot, and [...]

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 [...]

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 [...]

Marcy and Jack talked about a bridge Mortgage loan that just closed on a single-tenant Humana Healthcare leased property while doing some social distancing. "Jack: Hello! this is Jack, (*Hi! *) that's [...]

Marcy Berger of Gelt Financial Message to Mortgage Brokers. Call us at | 561-221-0900. Gelt has been helping commercial real estate and investment borrowers since 1989. When your bank says NO, [...]

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 just closed on a Bridge to Agency short term mortgage solution on Multi Family in Chicago, we were called to private quick financing when it was clear the the permeant [...]

Jack Miller gives some tips to commercial mortgage brokers in challenging times.

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, LLC focuses on DIP Lending, also known as Debtor-in-Possession Financing and exit financing for Chapter 11 bankruptcy cases. Jack Miller gives a little history and overview of DIP financing [...]

Jack Miller and Marcy Berger talk about Residential Mortgage Originators and brokers getting into commercial Mortgages. How hard or easy is it? What are the differences? What do you need to know? [...]

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

Gelt Financial loves working with Mortgage Brokers, and a very common question is how they get paid. This very short video answers that question. "Jack: Michael, how do Brokers get paid? [...]

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 [...]

In the video, Jack explains the concept of a blanket or cross-collateralization mortgage. It involves combining multiple properties into one mortgage, allowing borrowers to tap into equity in one property to [...]

Gelt Financial provided a Condominium association with the financing they needed, after being turned down by banks for capital improvements in order to comply with the new laws in Florida. [...]

Construction First Mortgage closed on investment property spec home in Boca Raton, Fl. "Marcy: Hey Jack. Jack: Hey Marcy, let's tell everyone we just closed something. We normally don't do a [...]

Gelt Financial provided a new first mortgage foreclosure bailout loan on a mixed use property ion Brooklyn, NY. The mortgage broker called us and we approved and close the loan without [...]

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 [...]

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 [...]

In this video, Jack and Marcy discuss a commercial mortgage loan deal that did not close and the reasons behind it. The property was good and had a great location, but [...]

Gelt Financial can provide financing on inherited properties. We can supply the new owners the capital they need to payoff existing loans, fix the property up, or for other purposes to [...]

Gelt Financial, LLC just closed a $50,000.00 first mortgage on an office building in Kansas City, for a real estate investor. Gelt focuses on closing small commerical and investment mortgages. "Jack: [...]

In the video, Jack explains the secondary mortgage market, where loans are bought and sold as assets. He discusses how loans, including mortgages, can be sold by originators and owners in [...]