We love Closing Fix and Flip or Fix and Hold deals. Here is Another one
We love closing loans and helping small business owners and investors in commercial real estate: Closed cash-out refinance of Fix and Hold Single-family rental property in New Jersey. Borrower purchased the property to rehab as a fix & hold and ran out of capital. The rehab is about 90% complete, the borrower was able to cash out to complete the rehab on this property and have the capital to purchase an additional rental with financing from Gelt Financial, LLC.
When your bank says No, We say Yes. www.GeltFinancial.com
Private Money Lender – Related posts
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? [...]
Gelt Financial recently closed a $925,000 first mortgage loan secured by a medical office property in Plantation, Florida. The approximately 4,500-square-foot property was appraised at $1.725 million, resulting in [...]
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, [...]
Gelt Financial president H. Jack Miller was recently featured as a real estate expert in the feature "13 Best Ways How To Find Foreclosures to Get a List of [...]
Written by Vice President of Gelt Financial, Noah Miller, and featured on Commercial Property Executive Gone are the days of Wall Street investors staking claim to all the assets, argues [...]
Cash-out Refinance, No Income verification, Out of country borrower, partial recourse, Property had city violations on it that need to be corrected. They tried their bank and when their bank [...]
Gelt Financial president H. Jack Miller was recently featured as a real estate expert in the Benzinga article "How Many Months of Bank Statements for a Mortgage Are Needed?" [...]
JUST CLOSED IN DAYTON, OHIO! Gelt Financial just closed a $115K First Mortgage on a retail/office building in Dayton, OH. This small-balance mortgage used Gelt's funding to purchase two [...]
Introduction: How to Stop Funding Delays from Killing Your Flip This guide is for fix-and-flip investors, also known as borrowers, who want to avoid funding delays that can derail [...]
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 [...]
Benefits of using a joint venture equity partner to buy real estate: Using a joint venture equity partner can provide several benefits for real estate investors. Here are some of [...]
Gelt Financial arranged a cash-out refinance for a client that owns a single-family investment property. The loan amount was $130,000.00 with a 30-year amortization and no balloon. It was done [...]
We offer no income verification mortgages on commercial and residential investment properties, 30 year amortizations with no balloons, loans up to 5 Million.
Just closed on a 5 unit mixed use building mortgage in the beautiful Wilmington, Delaware! Loan of $210,000 with 100% cash out, and a stated income loan program at 70% with [...]
Just Closed! Gelt Financial just funded a $315K refinance cash-out for a multi-tenant retail center in Middleton, Wisconsin. This was a property-only qualification loan on a value-add project. The [...]
JUST CLOSED IN BRADENTON, FLORIDA! Gelt Financial closed a $220K First Mortgage on a single-family investment property in Bradenton, FL. Our client needed a fix-and-flip loan with short-term financing [...]
The benefits of using a hard money lender versus a bank: There are several benefits to using a hard money lender, also known as [...]
We are excited to once again step in and help those who banks won’t. In this case, it was owners of a mixed use property in New Jersey which we [...]
Gelt Financial was able to arrange to finance for the hard-working owners of a business and commercial real estate a sports retailer using their commercial real estate as collateral [...]
ANOTHER DEAL DONE! Gelt Financial recently closed a $185K First Mortgage in Cleveland, OH, on an owner-occupied warehouse. Gelt does not shy away from complicated financing situations. We work [...]
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% [...]
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 [...]
Benefits of using a family owned lender: Using a family-owned lender, also known as a private lender, can provide several benefits for real estate investors. Here are some of the [...]
We just provided an experienced investor a cash-out refinance on Free standing Restaurant suburbs of Pittsburgh, established tenant, but the owner had a lot of credit challenges due to other [...]
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 [...]
Gelt has been helping commercial real estate and investment borrowers since 1989. When your bank says NO, we say YES! "Marcy: Hi, it's Marcy and Jack. Jack: Hey, we're Gelt Financial, [...]
In C Store Commercial Mortgage Closed, Atlanta Georgia it discusses about a commercial mortgage deal for a convenience store (c-store) located near Atlanta, Georgia. It features the c-store owned by a [...]
In our latest YouTube video, Michael explains what a mortgage broker or borrower should send to Gelt Financial—or any lender—for a deal to be reviewed for approval. When your bank says [...]
Gelt Financial focuses on Small Balance- Business Purpose, Investment and Commercial Private Mortgages. We love loans under 1 Million. Private Lending without any red tape and log delays of banks. Gelt [...]
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 [...]
Jack Miller and Marcy talk about a fast closing on a mixed use property in New Jersey that a residential mortgage broker brought to us when no one else could close [...]
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 [...]
Gelt Financial is a South Florida based Private lender and will provide financing for rehabs, construction and land in South Florida: "Marcy: Hi Jack. Jack: Hey Marcy. So, we want to [...]
Just Closed: $1.8MM Joint Venture Equity deal in Willow Grove, PA. We are actively providing JV Equity, Preferred Equity, Mezzanine Financing, Second Mortgages and First Mortgages. We closed this deal in [...]
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 [...]
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 [...]
Listen and uplift people. Commercial Mortgage Broker Tip of the Day and Advice for Commercial Mortgage Brokers. "Jack: Marcy and Jack, so we want to make our mortgage broker tip of [...]
In the video, Jack discusses "daisy chains" in mortgage brokering. It involves multiple brokers passing on potential borrowers, but very few of these deals actually close, leading to wasted time and [...]
Just closed! Gelt Financial successfully secured a private loan for an auto body shop, a new commercial mortgage deal. No appraisal or income verification required. Watch the video to hear how [...]
Everyone has challenges at some point or another in their life; each of our challenges is different, but in today's times, a lot of people are falling behind on their mortgages [...]
Michael Kelman goes into detail and lays out the business purposes and commerical mortgage that are in the stick zone of Gelt Financial and how we can get create to meet [...]
Gelt closes on a first mortgage cash out refinancing for $300,000.00 on a strip of stores in Detroit. "Jack: Hello, everyone. This is Marcy and Jack. Marcy, what deal are we [...]
Real estate investors, DON'T depend on anyone else when doing your background or due diligence for your real estate projects. This can backfire on you or cause complications. "Hey, this is [...]
Jack Miller gives his opinion on if its wise to pay down a home mortgages faster then the term calls for? Its all comes down to the person you are. "Hi, [...]
Gelt is now lending on Cannabis properties."Marcy: Hi, it's Marcy.Mario: It's Mario.Jack: It's Jack from Gelt Financial.Marcy: We're doing a shoutout today for cannabis.Mario: Oh, yay, cannabis. So, we're now supporting all [...]
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: [...]
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 [...]
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 [...]