Commercial Mortgage Owner Occupied Business, Bank Turndown
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 in New England. The financing on this owner-occupied property greatly reduced high-cost debt, provided additional funds for inventory and generally improved their working capital position so they can grow their business. Due to some past credit challenges the owners were turned down by their bank, another case of “when your bank says No we say yes” Gelt specializes in small commercial mortgages.
If you need our help and want to talk to people who care about you call us at 561-221-0900 or visit us online at www.Geltfinancial.com.
Private Money Lender – Related posts
JUST CLOSED Cash-Out Refinance in Ramsey, New Jersey! Gelt Financial just closed on a $500k First Mortgage on an office building in Ramsey, NJ, a suburb of New York [...]
Hard money lending is a type of financing in which a borrower receives a short-term loan secured by real property. Investors typically [...]
JUST CLOSED IN ENGLEWOOD, FLORIDA! Gelt just closed a $235K First Mortgage purchase for a father and son team who operates outside of Florida. The duo wanted to expand [...]
Gelt Financial, LLC approved a “DIP” Debtor in Possession first mortgage on a health care facility in New England. Over the years Gelt has developed a specialty in helping owners [...]
Whether you’re a one or two-person shop or a large, correspondent lender that lends across the state or across the country, you know there are times when you get a [...]
JUST CLOSED IN DETROIT, MICHIGAN! Gelt Financial just closed a $225K First Mortgage on a commercial property in Detroit, Michigan. The borrower needed a short-term refinance to pay off [...]
Gelt Financial president H. Jack Miller was recently featured as a real estate expert in the BiggerPockets article "Everything Around It is Collapsing, But This One Last Property Type Remains [...]
"Jack, Congratulations to the Gelt Team! Felix is a keeper!!! Most definitely, you will see more deals from my company."
First mortgage closed in Philadelphia on a mixed us property that the owner had purchased and needed to be fixed up. The Investor saw potential value, came to us and [...]
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 [...]
Gelt Financial recently arranged $9.8 million in commercial first mortgage financing for the real estate holding company of a large substance abuse recovery center. The company acquired three properties in [...]
ANOTHER DEAL DONE IN FLORIDA! Gelt Financial just closed a $60K First Mortgage on an investment condo in Fort Lauderdale, FL. Click here to view more closed Fort Lauderdale hard [...]
Fill Gaps in the Capital Stack Alternative financing options for small-balance investors are gaining traction Written By Noah Miller, Vice President of Gelt Financial LLC Featured article in Scotsman Guide [...]
TRIPLE-NET DEAL CLOSED IN ALABAMA, OHIO, AND TEXAS! Gelt Financial is excited to announce we just closed on a $500K Mezzanine Loan on an NNN Portfolio in Alabama, Ohio, [...]
JUST CLOSED IN MIAMI, FLORIDA! We are pleased to announce we just closed a $242,500 First Mortgage on an investment property collateralized by a condo in Brickell, the heart [...]
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 [...]
Gelt Financial, LLC is pleased to announce that it has continued its sponsorship and underwriting of the costs involved with the Minhag recovery program in Boca Raton, Fl. When one [...]
Closed Loan, Gelt was able to assist this borrower obtain financing for her vacant Single-Family investment property in upstate NY. The property has been vacant for some while and with [...]
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 [...]
GFCIB and Advisors, LLC is pleased to have H. Jack Miller speak and take part in a panel discussion “Utilizing Bridge Capital in a Rising Real Estate Market” at the [...]
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 [...]
Rehab Refinance investment property in Baltimore, Maryland. Several investors owned the property and ran short of capital to fix up the property and complete the job. Gelt Financial, provided them [...]
JUST CLOSED IN LAKE WORTH, FLORIDA! Gelt Financial just closed a $700K First Mortgage on a 5-unit multifamily property in Lake Worth, FL. A local borrower came to us for [...]
Gelt Financial, LLC is pleased to announce and is now offering a second commercial mortgage program on some income producing properties where we are offering a first mortgage of [...]
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 provides non QM mortgages on residential investment properties. Hear more from Jack and Michael on how to get started. When your bank says NO, we say YES! "Jack: Michael, [...]
In some situations, Gelt Financial does not require a credit report on residential investment property financing and Small commercial Mortgage Financing. Watch our latest YouTube video to learn more! Gelt has [...]
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, [...]
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 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 [...]
Jack, discusses his experience in providing fix and flip and rehab loans for real estate investors. He shares a story about a challenging time during a market crash in 1991 when [...]
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 [...]
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 [...]
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 [...]
First Mortgage Commercial Mortgages on an owner occupied restaurant in Illinois. No income verification. "Video Title: First Mortgage Financing on Owner Occupied Restaurant in Illinois Speaker: Jack Miller and Marcy Berger [...]
In the video, Jack explains the difference between recourse and non-recourse loans. Recourse loans involve personal guarantees, making the borrower liable if the property can't cover the debt. Non-recourse loans, on [...]
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 [...]
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 [...]
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 [...]
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 [...]
In the video Jack suggests a strategy for realtors to become real estate investors without using their own money. By rolling their commissions into investment deals, realtors can transition from being [...]
Gelt Financial provided a Professional real estate Investors a first mortgage to payoff their existing debt and fix up a 5 unit property in Lake Worth Florida. "Jack: I love working [...]
Jack Miller talks about what he leaned by making Toast? How good things take time and effort before you see the results. "Hey, this is Jack Miller. I hope you're having [...]
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 [...]
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 [...]
Why use a private lender? When to use a Private lender? "Marcy: Hi! Mortgage tip of the day! Jack: Mortgage tip of the day! Jack and Marcy at Gelt Financial. First, like [...]
Gelt was pleased to provide the financing to purchase of a Gas Station- C-Store for the manager who purchased the property and business. "Jack: This is Jack and Marcy at Gelt [...]
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 [...]
