Closed: $150k First Mortgage in Petersburg, VA
JUST CLOSED IN PETERSBURG, VIRGINIA!
Gelt Financial is excited to announce the closing of a $150k First Mortgage in Petersburg, VA. The non-recourse loan was secured by a cash-flowing, non-owner-occupied, multifamily investment property. We provided a private cash-out refinance with limited documentation, no income verification, and no credit approval. Gelt was once again brought to this deal via a broker relationship.
When your bank says NO, we say YES!
About Gelt Financial
Gelt Financial is a Virginia commercial real estate lender. We have closed more than 10,000 loans totaling over $1 billion since 1989. Gelt focuses on providing debt to non-bank borrowers on all types of commercial real estate, including but not limited to multifamily, office, retail, warehouse, industrial, self-storage, and mixed-use. We offer a wide array of mortgage products including bridge loans, no income verification programs, foreclosure buy-out programs, DIP, JV Equity, and subordinate debt.
Deal directly with the decision-makers. For more info on how Gelt can help you with an investment property or on any of our other various products and services, take a look at what President Jack Miller does on Gelt’s YouTube channel and for more info on our completed deals, check our Deals Done.
Private Money Lender – Related posts
Gelt Financial has closed a First Mortgage Refinance on a convenience store in Charleston, SC. The property has been owned by a successful operator and they needed to refinance out [...]
DEAL CLOSED IN PHILADELPHIA, PENNSYLVANIA! Gelt Financial just closed on a $250K First Mortgage on a retail property in Philadelphia, PA. A borrower called up Gelt and needed a [...]
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 president H. Jack Miller was recently featured as a real estate expert in the feature “This Private Commercial Real Estate Lender Cuts Through the Clutter To Produce [...]
Borrower cashed out $230k on a 2-bedroom luxury condominium in the heart of downtown Miami, FL. We paid off his first mortgage and gave them a new mortgage of $603k, [...]
What is an Exit Fee? An exit fee, a mortgage exit fee, or a loan exit fee is most often used in a commercial mortgage or loan, and it's a [...]
Should you buy a house during a recession? Written by AJ Dellinger, Bankrate As inflation grows and gross domestic product declines, many fear that the [...]
When submitting loan requests to a private lender, it is important to provide as much information as you can to get a quick response and ensure that your deal is funded. [...]
JUST CLOSED IN METUCHEN, NEW JERSEY! Gelt Financial is excited to announce the closing of a $600k First Mortgage in Metuchen, NJ. This private mortgage was a refinance for [...]
Dip Lending, LLC is pleased to announce that it has just closed a commercial real estate loan first mortgage in New Jersey for a real estate investor in Chapter 11 [...]
JUST CLOSED IN ATLANTIC CITY, NEW JERSEY! We have a story for you. An American Dream come true. Last week we received a $65k payoff from a family who [...]
ANOTHER DEAL DONE! Gelt Financial recently closed on a purchase of a non-performing loan collateralized by a medical office building in Tampa, FL. The note was purchased at PAR [...]
DEAL CLOSED IN ATLANTA, GEORGIA IN FOUR BUSINESS DAYS! Gelt Financial closed on a $1.2MM First Mortgage in Atlanta, GA. This office building was in a highly desired location, [...]
Just Closed! Gelt Financial has successfully closed a $715,000 blanket refinance for three single-family homes in Vero Beach, FL. The properties, all located in the same neighborhood, were refinanced at [...]
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 [...]
Just Closed! Gelt Financial just closed a $406K purchase loan for a heavy value add retail center in Cocoa Beach, FL. The loan was secured at 65% LTV for [...]
Gelt Financial has just closed a blanket loan on owner-occupied gas stations and C-stores in New Jersey. The current Bank called the loan due and put them in foreclosure and [...]
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 [...]
CLOSED! 👊 Gelt Financial just closed on a $100k first mortgage on an office building in Greensboro, NC. To learn more about Gelt Financial’s lending capabilities and its advantages to [...]
Gelt Financial assisted the owner of a 35 unit apartment building in North Huntingdon, PA in arranging a cash-out refinance using the Freddie Mac Small Balance Loan program. 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’ [...]
JUST CLOSED IN CHATTANOOGA, TENNESSEE + MACON, GEORGIA + DANVILLE, ILLINOIS! Gelt Financial is pleased to announce that they recently closed a $4.3MM First Mortgage on a NNN Portfolio [...]
Just Closed! Gelt helped fund a $175K 12-month interest-only loan for a multi-family property in Brooklyn, New York. We helped the borrower get all cash out from his fully owned 6-unit multi-family property — no mountains of paperwork, just a fast, smooth solution. Looking for fast, all cash-out financing for your investment property? Gelt Financial can make it happen. When your bank says NO, we say YES! [...]
Closed Loan, Philadelphia the home of the Super Bowl Champion Eagles, vacant Mixed-use property, the buyer was purchasing to fix up and rent out. When your bank says No, we [...]
Gelt Financial, LLC just closed a $50,000.00 first mortgage on an office building in Kansas City, for a real estate investor. Gelt focuses on closing small commerical and investment mortgages. "Jack: [...]
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 [...]
In the video, Jack explains the concept of a blanket or cross-collateralization mortgage. It involves combining multiple properties into one mortgage, allowing borrowers to tap into equity in one property to [...]
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 [...]
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 [...]
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 [...]
Gelt Financial just provided a First mortgage on a Car Wash in South Carolina. The borrowers were entrepreneurs and this was a collateral-based Mortgage.
Gelt is excited to partner with a local real estate investor. We provided 100% debt and equity in a deal where we purchased an office building and leased it out to [...]
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. [...]
Gelt Financial provided a purchase mortgage first mortgage on Mixed Use Property in Brooklyn New York. No income qualification When your bank says No, we say Yes. "Marcy: Hi, all right. [...]
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 [...]
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 [...]
In every market, there is an opportunity; we lay out some ways people are taking advantage of this real estate market using financing. We want to help investors Make money using our [...]
Mortgage Brokers, get in your year end closings, we are ok with Rush closing on Commercial mortgages
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 [...]
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 [...]
We do not have any minimum credit scores and in some cases, credit is not needed. Gelt has been helping commercial real estate and investment borrowers since 1989. When your bank says [...]
In the video, Jack shares a valuable tip for investors: many people and businesses fail because they take on too much and lose focus. He advises caution, emphasizing the importance of [...]
Jack Miller talks about 4 easy and tried and true ways to get 100% financing on commercial and or investment real estate. "Hi, this is Jack Miller from Gelt Financial. I [...]
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 closed another deal in 5 working deals, a rehab in Miami, collateral based no appraisal. "Jack: Hey, Marcy Berger, how are you? We're making a YouTube. We haven't made one [...]
Gelt Financial helped an Auto Body Shop in St Louis, Missouri with credit challenges with a no-income qualification mortgage with a 3-year term. "Hello, this is Jack Miller of Gelt Financial. I [...]
Jack Miller and Marcy talk a little about marketing basics for commercial mortgage brokers.
Gelt financial closes a commercial office building in Atlanta Georgia for the owner of a new business in 4 working days after the bank said no at the 23rd hour. "Jack: [...]