Closed Loan Cash Out Refinance on His Mixed Use Building in Philadelphia PA
Closed loan- We were able to help this borrower obtain a cash-out refinance on his mixed-use building in Philadelphia PA.
The borrower was able to pay off his higher interest 1st mortgage which was ballooning in a few months, and have working capital for his family-owned business which also occupies one of the units in the building.
When your bank says No, We say yes. 561-221-0900 or www.GeltFinancial.com
Private Money Lender – Related posts
We are pleased to provide first Mortgage Bridge financing on a Single tenant Humana Health Care deal in Dayton, OH. The borrower came to us who owed a free standing [...]
An email we just received from a mortgage broker.. We love working with mortgage brokers and have some so for 30 years. Dear Jack and Marcy, All too often it [...]
FORT LAUDERDALE, Fla., April 14, 2015 - With widespread criticism citing the demand for greater liquidity for minority interest owners in real estate partnerships and real estate crowdfunding positions, QuickLiquidity [...]
Rehab Fix and Hold Gelt is pleased to have closed a mortgage to a local real estate investors in Haverstraw, Part of Rockland County, New York. We provided the investor [...]
Gelt Financial, LLC just closed a no income verification commercial cash-out mortgage refinance with a 30-year amortization on this retail motorcycle dealership. This allowed the borrower to pay off their [...]
There’s been a trend in real estate, and it has been in how buyers and moguls finance their investments. There is an increasing amount [...]
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, [...]
As Yields Tighten, More Real Estate Investors Are Exploring Preferred Equity DealsThe increased capital flowing to the preferred equity space far outweighs the volume of available deals.Beth Mattson-Teig | Jul 19, 2021Real [...]
As prices in several markets dip for the year 2019, a lot of people are reminded about companies going bankrupt. Consumers are not the only ones affected by this - [...]
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 [...]
JUST CLOSED IN FOUR BUSINESS DAYS! Gelt Financial is excited to announce we just closed a $500K mortgage on a five-property Dollar General portfolio across multiple states. Gelt provided [...]
Gelt Financial is a top hard money lender that is known for its ability to close loans quickly, often in just a few weeks. Unlike traditional lenders, who often require [...]
DEAL CLOSED IN CHICAGO, ILLINOIS! Gelt Financial just closed on a $900k Bridge-to-Agency Loan in Chicago, IL. This professional investor could not close with traditional financing from Fannie/Freddie due [...]
Gelt Financial president H. Jack Miller was recently featured as a real estate expert in the Materials Market article "40 Financial Experts Reveal If Investing In Real Estate is Worth [...]
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 [...]
Jack Miller, President of Gelt Financial, LLC talks to industry expert Rocky Butani, Founder and President of Private Lender Link.com about finding and using hard money and private lenders in [...]
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 [...]
Gelt is pleased to have relocated its offices to 5300 Atlantic Ave, Suite 205, Delray Beach, Fl 33484, We are very excited about this move it will give us the [...]
Top Hard Money Lender In Florida Hard money lenders have hard-won reputations because they don’t have the recognition of a national bank or other large, ubiquitous [...]
Mezzanine financing is a type of capital that is used to finance a variety of different types of commercial real estate projects. Unlike traditional loans, which are secured by [...]
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 [...]
You’re in the business of providing permanent financing for all types of residential properties from single-family homes to multi-family properties. You also have solid resources to fund certain types of [...]
JUST CLOSED! Gelt Financial is proud to have assisted a condo association in Hialeah, FL with securing $200K in financing for essential improvements. The 40-unit condo association needed immediate [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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? [...]
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, [...]
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 [...]
Gelt is excited to provide first mortgage financing for an local real estate investor in Idaho on a single family dwelling. This was done under as a very limited documentation mortgage [...]
Gelt Financial is lending and busy, while the secondary market is almost shut down and a lot of other lenders are not lending. We are busy providing commercial and investment mortgages [...]
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 [...]
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 [...]
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 [...]
Learn to say NO more, and you will be more focused and productive in achieving the results you want. "Jack: Okay, Jack and Marcy at Gelt Financial here. So, we want [...]
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 has been helping commercial real estate and investment borrowers since 1989. When your bank says NO, we say YES! "Marcy: Hi. Jack: Hello, it's Marcy and Jack from Gelt Financial. [...]
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 [...]
Gelt Closed a first mortgages on 7 residential Investment condo's in Orlando, FL, No appraisal and a cash out on a commercial building in Des Moine, Iowa. Both deals came from [...]
Gelt Financial provides business purpose, investment and commercial mortgages to trusts. Behind the scenes with Jack Miller and Marcy Berger at Gelt Financials.
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 [...]
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 [...]
Gelt Financial just closed a commercial office bridge loan in Orlando, Florida in 4-5 working days, When Gparancy contacted us and told us this was a super rush deal, we did it. [...]
Jack Miller gives some tips to commercial mortgage brokers in challenging times.
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 [...]
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 [...]