Closed Residential Investment Property Listed For Sale
We closed the first mortgage for an experienced fix and flip investor cash out on a newly rehabbed SFR in New Orleans LA.
Borrower completed a full rehab on the property and had it listed for sale. Through Gelt the borrower was able to cash out 75% of the appraised value on this vacant property.
When your bank says No, we say Yes, Gelt offers non-bank financing to real estate investors and commercial property owners with programs that include no income verification loans, No seasoning, Bank Turndowns and credit problems welcomed. Contact us online at www.Geltfinancial.com or 561-221-0900
Private Money Lender – Related posts
JUST CLOSED IN QUEENS, NEW YORK! Gelt Financial is excited to announce we closed a $300k First Mortgage on a Single Family Investment Property in Queens, NY. The borrower [...]
Gelt Financial, a leader in non-bank commercial real estate financing, today announced that it is relocating from Fort Lauderdale, Florida to Boca Raton, Florida. Beginning January 21th, 2016 Gelt Financial’ [...]
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 [...]
Gelt Financial providing loans to HOAs for required repairs and reserves between $100,000 and $3MM Gelt Financial is a leading provider of loans to homeowner’s associations (HOAs) for required repairs and [...]
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 [...]
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 is a leading provider of DIP loans, also known as debtor-in-possession loans. We offer DIP loans between $100,000 and $3,000,000 to help businesses continue operations and achieve financial stability [...]
Gelt Financial is pleased to have H. Jack Miller take part in the Crittenden National Real Estate Conference in Miami, FL on October 25 to 27rd, 2017. Jack is very [...]
Granite City, IL- We did the loan solely on the property 24-month term. Mixed Use property refinance Non-U.S. resident credit Foreign national Lives and works overseas No credit No personal [...]
JUST CLOSED IN MIAMI, FLORIDA! Gelt Financial is happy to announce we just closed on a $250,000 Land Loan in Miami, FL. This piece of land is zoned for [...]
As seasoned professionals in the real estate lending industry, we at Gelt Financial have witnessed firsthand the critical role that accurate property valuation plays in the success of real [...]
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 [...]
Who is your lender, is as important as what deal you get... Since 1989. In the past week some examples of how we work with our borrowers. 1. One of [...]
When it comes to financing for commercial real estate investments, borrowers have two main options: traditional bank loans and private lenders, including hard money lenders. While both options have their pros and [...]
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 [...]
Gelt Financial just closed a $125K refinance on a single-family home in Richmond, Virginia. The borrower wanted to do some light rehab before putting the property back on the [...]
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 [...]
H. Jack Miller recently said how proud he was of the entire Gelt Financial, LLC team for their hard work. We are lucky to have a team of very [...]
We just closed 4 no income verification investor loans with cashout
Here Are A Few Likes and Dislikes For Mortgage Brokers Dislikes Sorry we do not lend on land or development deals (it's not that we dislike these it's we don’t [...]
With over thirty years in the real estate lending business, I've experienced all the ups and downs this industry offers. My company, Gelt Financial, has facilitated over 10,000 loans, [...]
80% LTV on commercial and investment mortgages in Eastern Pennsylvania, New Jersey, New York, Delaware and Maryland. Flexible underwriting and credit
Gelt Financial president H. Jack Miller was recently featured as a real estate expert in the feature “What Happens to My Mortgage If My Lender Goes Bankrupt?” on U.S. News [...]
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 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 [...]
Gelt Financial closes a rehab mortgage to finish a property in Birmingham, Alabama. "Jack: Hello, this is Jack and Marcy at Gelt. Anyway, okay, new closing property in Birmingham, Alabama. Tell [...]
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 [...]
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 [...]
Some tips for Mortgage Brokers from Jack Miller at Gelt Financial, LLC on how to be a more successful mortgage broker. Gelt has worked with brokers for over 30 years and is [...]
A Mortgage broker emailed us and asked us about marketing to banks for turndowns. Lots of opportunities out there for those willing to work at it. Watch the video to learn [...]
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 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, [...]
Gelt Financial loves providing Real Estate Investors and Small Business owners the small balance mortgage financing they need. Gelt has been helping commercial real estate and investment borrowers since 1989. When [...]
In the video, Jack discusses JV equity in real estate investment, where partners provide the down payment and others find and manage the property. Gelt Financial offers JV equity to investors [...]
4 Day Commercial Investment Mortgage Closing on an Investment condominium, asset based loan, mortgage broker, no appraisal. Jack: Okay, Michael, tell everyone about the deal that we just closed. Give everyone [...]
A quick tip for real estate investors of all sizes...this is BIG common issue that happens in most deals that go bad. LACK OF CAPITAL. Everything always costs more and takes [...]
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 [...]
Gelt Financial provided a purchase mortgage first mortgage to a family business who is expending to Florida, when they wanted to purchase commercial real estate for their Business to operate in. [...]
In this video, H. Jack Miller shares his passion for helping real estate investors and small business owners secure financing, particularly when traditional banks decline. With over 35 years in the [...]
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 provides Condo and HOA Association Financing when banks won't. Typically banks wont deal with small associations, high delinquency, low reserves or high investor condensations as well as other reasons and [...]
Jack Miller gives some tips to commercial mortgage brokers in challenging times.
In this video, H. Jack Miller shares common mistakes he has seen people make in real estate investing, especially with fix-and-flip projects. To succeed, you need to excel in three key [...]
When a borrower ran short of capital to complete the repairs and their current lender would not lend them more money, Gelt step up and approved a second mortgage. "Jack: Hey, [...]
Gelt Financial just closed two fix and hold JV equity Mortgages, were we provided 100% Financing to our partner.
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 [...]
Gelt has been helping commercial real estate and investment borrowers since 1989. When your bank says NO, we say YES! "Marcy: Hi, Jack. Jack: Hey, Michael and Marcy. I'm on the side [...]