Just Approved exit financing for a restaurant/Condo in chapter 11, we might be able to help you as well
Private Money Lender – Related posts
About 18 months ago we received a referral from a workout attorney, he had a client who owned a multi-location small business. Their current lender a local bank had [...]
We are pleased to provide financing for a real estate investor on a cash-out refinance on an investment property in Pennsylvania. The borrower cashed out to pay tax liens as [...]
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 [...]
Gelt Financial, LLC is pleased to provide financing for an owner of a 6 unit multi-family investment property in Cincinnati, Ohio. This was No income verification cash-out refinance with a [...]
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 [...]
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 [...]
NO Credit Checks For Residential-Investment Properties & Small-Balance Commercial Bridge Loans At Gelt Financial, we understand that traditional credit checks can sometimes limit your real estate investment opportunities. [...]
It would seem that the interest rate and loan terms are the most things to look for when choosing what mortgage company to go with, but the question is more [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
When you think about hard money loans, unconsciously, your brain pops out a photo of shady lenders who do business in alleys or in pseudo-offices with a hidden agenda [...]
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 [...]
If you’ve ever tried to purchase land or secure financing for vacant land, you know the loan process is vastly different from obtaining a traditional mortgage for your primary [...]
Gelt Financial, LLC is pleased to announce that is has purchased the debt of two Multi Family mortgages that are in Chapter 11 Bankruptcy. According to Jack Miller, Gelt’s president, [...]
TL;DR - Florida Land Loan Program Overview: Direct private lender for SFR-zoned land in Florida (Orlando to Miami) Max loan: $300,000 | Max LTV: 50% | Min credit: 640 [...]
Just closed commercial mortgage, Purchase of a owners occupied day care in Florida, credit below 630, 25 year term, no balloon……….. We are always here to help our clients.
Jack Miller of Gelt Financial, LLC announces its “Better than Bank Commercial Mortgages without the aggravation new loan programs” Gelt recognizes that commercial real estate owners and investors are increasingly [...]
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 [...]
How to Save your Self Storage Center from Financial Ruin Owning a self storage center is great business. However, we have realized that the prospect is less than satisfactory for [...]
Commercial Financing & Real Estate Investment Programs February 19, 2015 Press Release Gelt Financial Corporation, in business since 1989, is pleased to announce several new Real Estate Investment & Commercial [...]
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 [...]
Jack Miller gives a little explanation on why lenders charge prepayment penalties, the different types of them and some tips on how to analyze and negotiate the best one for your [...]
Gelt Financial offers financing to HOA and Condo associations. There are plenty of associations who don't have time or cant go to a bank. What's when Gelt steps in and privies [...]
Questions from a Mortgage Broker on closing a commercial mortgage quickly. How to best prepare for a fast closing. "Jack: Okay, Marcy Berger, we're recording. First, like our YouTube channel and [...]
Jack Miller goes into detail on why real estate investing is the best inflation hedge and investment. He goes over it step by step. "Hello, this is Jack Miller. I hope [...]
What is a LTV Loan to Value and how do we calculate it? This is not a cut and dry question. "Marcy: Hey Jack Jack: Hey Marcy, let's talk today about [...]
4 Day Investment Property Closing, Gelt Financial moves very fast-Commercial & Investment mortgages.
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 [...]
Jack and Marcy talk about what is a re trade in commercial and investment real estate? Why and when does this happen? What does it mean to you? "Marcy: Hi, we're [...]
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 [...]
Marcy Berger is Retiring from Gelt Financial. She will be greatly missed.
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 [...]
Gelt Financial closes a purchase of a Gas station/ C store in Ohio. "Jack: This is Jack, and Marcy, new socially distanced closing, a gas station in Ohio—Steubenville. I've actually been [...]
Small Business Owner Occupied First Mortgage, provided by Gelt Financial. "Marcy: Hey Jack. Jack: Okay Marcy, so anyway, owner-occupied business, tell everyone about it. You know the details of this? Marcy: [...]
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 [...]
Gelt Financial provided $450,000 as a first mortgage on a Commercial building that was lost at a sheriff's sale and purchased back. No appraisal, no income, no credit, no recourse financing. [...]
In the video, Jack explains the concept of a co-tenancy clause in a lease, particularly in retail leasing. The clause allows one tenant to terminate or modify their lease if another tenant [...]
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 Financial loves Chicago! We love to do business in Chicago. When your bank says no, we say YES! #privatelending #commercialrealestate #Chicago "Marcy: hi. Jack: hey, it's Jack and Marcy at Gelt [...]
Term sheet signed Black Friday, deal ready to close Wednesday. Broker contacted us when bank did not close and needed a very quick close. We did it! "Jack: Hi, Jack and [...]
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 [...]
Mortgage and Real Estate Professional Tip: If you plan on selling or refinancing real estate, make sure your title to the property is clear and cleaned up. Often there are mortgages, liens, [...]
Is Gelt Financial a Hard Money Lender or a Private Lender? Whats the difference? What is a subprime lender? "Hi, I hope you're having a good day. I want to make [...]
In the video, Jack explains the concept of value add in commercial real estate. Value add refers to purchasing a property and making improvements or changes to increase its value. He [...]
Jack Miller talks about surviving a down term. How he survived numerous downturns and reinvested the company. What he learned along the way. "Well, this is Jack Miller. I hope this [...]
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.