Cash out No Income Verification Mortgage on Investment Property
Gelt Financial, LLC is pleased to announce that it has closed another mortgage under its no income verification investment property mortgage program, this was a cash out refinance on an investment property. Under this streamlined program there are no income verification’s and no tax returns required. The borrower used the cash from this refinance to puchase another investment propertyand growing his portfolio. The loan had a 30 year term with no ballon.
According to Jack Miller, Gelt is financing more and more borrowers that don’t want to or can’t go to banks because of the bank’s tightening guidelines or the long length of time and red tape they put them thought.
Gelt Financial, LLC was founded in 1989 since then it has provided financing to over 10,000 real estate investors and owners of business providing them the capital they need to build their American life.
We would love to help you meet your borrowing needs
Private Money Lender – Related posts
In the realm of commercial real estate financing, bridge loans serve as invaluable tools for investors looking to seize opportunities quickly, navigate transitions smoothly, or [...]
Some Reasons To Deal with Gelt Financial For Your Commercial or Real Estate Investment Mortgage We have a long history and were founded on February 1, 1989 Experience: We [...]
Gelt Financial now makes its bridge and opportunity loans available throughout the mortgage brokering community. We offer bridge loans up to $20,000,000 in all major MSAs. We have common [...]
Gelt Financial Corporation just closed a no income verification first mortgage for a real estate investor in Pennsylvania on 5 rental properties, the loans were for a 30 year amortization [...]
We have just closed another successful bridge loan for another happy client! We just closed a bridge loan on an office building in the Suburbs of Cleveland, Ohio. The property [...]
We are pleased to be able to arrange financing for the purchase and rehab of a 118-unit, value-added apartment complex in Decatur, GA. The borrower found a good deal and [...]
Debtor-in-possession financing, commonly referred to as DIP financing, is a type of financing central to companies in bankruptcy, specifically those who have filed for Chapter 11 bankruptcy protection within [...]
Gelt Financial arranged to finance for clients that own a 34-unit multi-family apartment near Pittsburgh, PA. The loan enabled the client to pay off a higher-interest loan and receive [...]
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 [...]
Closed $3,050,000.00 Bridge financing for a 28 unit apartment in Detroit. The sponsor will use the funds for additional investments as he continues to improve operations. The apartment building represents [...]
We are loving #Nashville, TN, we just closed an $801,000.00 loan on a retail strip center at 100% loan to cost for an experienced real estate investor. We are fast and [...]
Gelt Financial Corporation, in business since 1989, is pleased to announce its nationwide strategic partnerships to bring its clients CMBS mortgages. This service focuses on loan amounts from $5,000,000 to [...]
Force-placed insurance, also known as creditor-placed or lender-placed insurance, plays a crucial role in protecting lenders’ financial interests in real estate properties. Let’s delve into the reasons behind [...]
You are debating receiving your real estate loans from either a bank or a private lender. There’s been a lot of talks lately about private lenders like us here [...]
Closed Loan: After being frustrated by other lenders we were pleased to help another real estate investor in Washington DC on the refinancing of his 4-unit multifamily property. We [...]
When you’re short of cash but you know that you’ll get financing in a few weeks’ time, you could be looking for a loan that can sustain you for [...]
ROOM FOR IMPROVEMENT Your hotel is financially distressed and the bank can come to collect. Fortunately, all is not lost. Getting the distressed property off your hands might make sense [...]
We are pleased to have secured asset-based financing for a telecommunications and IT company in Chapter 11 Bankruptcy providing them with an accounts receivable line of credit. Prior to contacting [...]
There’s something about non-bank commercial lenders that’s got everyone jumping for joy in the financial world, but what gives—why are these lenders in such hot demand🔥 as opposed to [...]
DEAL CLOSED IN INDIANA! Gelt Financial provided a $200K First Mortgage on a Mobile Home Park Investment Property in Indiana. A hard money broker brought his client to our [...]
This borrower’s seller-financed mortgage came due to his commercial condo space. Gelt Financial, LLC was able to assist the borrower in refinancing his commercial property from which he runs his [...]
When it comes to saving money through real estate, leverage is an important aspect. We have worked with a number of real estate investors who fix or flip residential non-owned [...]
If your bank can't help you, we can. We specialize in mortgages that banks won't do. We use commonsense underwriting and offer flexible terms. Quick approvals and closing. [...]
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? [...]
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, [...]
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 [...]
Understand your deal and what types of deals your lenders do is important to being a successful mortgage broker.
It's important for Mortgage Brokers to focus and find a Niche, be an expert get in the heads of borrowers and lenders. Focus, Focus, and Focus. "Jack: Hey Jack and Marcy [...]
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 [...]
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 [...]
Jack Miller gives an example of an interesting and creative deal. It was a TIC roll up where our borrower/partner made a lot of money using our money. "Hey Larry, this is [...]
We just provided an experienced real estate investor 100% financing on a new purchase by talking an additional property as collateral, our mortgages were on two single-family properties in two cities, Orlando [...]
What is a DSCR? (Debt Service Coverage Ratio). Why use it, and how is it calculated? Jack Miller of Gelt Financial LLC goes into the details and provides step-by-step detail. "Hello, [...]
Michael talks about the financing Gelt Financial provides owners of Funeral Homes and other business. Remember when your bank says NO, we say YES!
Gelt just provided a experienced real estate investors and repeat borrower of Gelt's financing on land in Miami, Florida that's zoned for 9 units. "Jack: We're on. Marcy: Hi, how are [...]
Jack Miller asks whether you are cut out to be a commercial or residential mortgage broker. What skills do you need? Do you have them? "Hello, this is Jack Miller at [...]
The video explains the definition of Note on Note Financing. It is the practice of buying and selling notes, typically related to mortgages and debts. Investors look for discounts and consider [...]
The video discusses how a small loan payoff of $65,000 made to an ethnic family who owned a bodega in Atlantic City. Despite not making much profit on the deal, Gelt [...]
Gelt Financial closed a 1st mortgage rehab loan in Virginia for a cash out refinance to fix up the property, no appraisal or income verification.
Another deal closed! Gelt Financial discusses their recent closed loan on a 400k second mortgage in Tampa, FL. No appraisal, 85% debt. Interest only, short term, six month deal. We focused [...]
Jack and Marcy discuss the current market and share their observations, including the types of deals Gelt is currently closing and not closing, and the reasons behind these decisions. They outline [...]
The video titled "Pro Guide To Commercial Mortgage Rates with Some Key Factors" by Gelt Financial, LLC discusses the factors involved in pricing a loan in the private lending space. It [...]
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 just provided the financing and funding on 3 single family investment properties in Florida all purchased at an auction. "Jack: Hey, this is Marcy and Jack at Gelt Financial. Hopefully, [...]
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 [...]
Real estate investors can make a lot of money with fix-and-flip rehab investing, but they also can lose a lot of money. Jack and Marcy talk about their experience of doing [...]
Jack and Marcy talk and debunk 5 common myths in hard money and private mortgage. Maybe people would be surprised at how useful hard money lenders are to real estate investors. [...]











