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 is pleased to announce we just closed a $4.3MM First Mortgage on a NNN Portfolio. The 1031 transaction included three properties in Chattanooga, TN, Macon, GA and [...]
Cash-out Refinance, No Income verification, Out of country borrower, partial recourse, Property had city violations on it that need to be corrected. They tried their bank and when their bank [...]
We are excited to start lending on retail Cannabis and Hemp properties. We will offer the same flexible programs that we always have and are excited to enter this [...]
30 Year Term/No Ballon Cash out Quick Closing and Approvals
Gelt Financial just provided a first mortgage cash-out refinance on a commercial property in Des Moine, Iowa. The property was recently converted from a church to multi-unit commercial. In providing [...]
Noah Miller, Vice President of Gelt Financial LLC, was featured on Bloomberg Radio with host Matt Miller and Paul Sweeney. Miller discussed the health of the real estate market and [...]
Great news for our clients! We are excited to announce the successful closing of a $385K mortgage on an investment condo in West New York, New Jersey. This deal was [...]
How do Investors receive Quick Liquidity for real estate partnerships minority equity interests? One common investment strategy in commercial real estate is to bring multiple real estate investors together [...]
As private commercial and Investment Mortgage Lenders, we focus on the needs of our borrowers and try to find solutions that make sense for them. Gelt Financial regularly provides [...]
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 IN BOCA RATON, FLORIDA! Gelt Financial just closed on a $250K Second Mortgage in Boca Raton, FL. Using DIP financing, also known as Debtor In Possession Financing, [...]
Closed loan on a Mixed-use property. We financed this borrower one year ago right out of bankruptcy with a one-year term loan, now they have reestablished their credit and we [...]
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 [...]
CLOSED! Gelt Financial is excited to announce the closing of a $500,000 loan for a Pheonix, AZ 99-unit Co-Op association to replace all the property's air conditioning units. After [...]
JUST CLOSED IN FORT LAUDERDALE, FLORIDA! Gelt Financial is excited to announce we just closed a $1.4MM non-performing note purchase on an office building in Fort Lauderdale, FL. The [...]
Small business is the heart of America, so we jumped on the opportunity to provide first mortgage financing on a mixed use building in VA, when someone approached us saying [...]
As a borrower, you may be curious about your options in securing a loan for your commercial mortgage, to grow your real estate investments, and to fund your projects [...]
Gelt Financial has successfully closed a $400K purchase loan for a beautiful one-bedroom, one-bathroom condominium unit in Miami, FL. This property, valued at $665K, is primed to become a [...]
JUST CLOSED IN DELAWARE! Gelt Financial, LLC and QuickLiquidity provided $500,000 in bridge financing to a highly experienced developer & investor on a 192-unit multifamily property in Delaware. The [...]
Chicago Retail Mortgage Loan: Gelt Financial has provided a First Mortgage loan on a 15,000 SF former Aldi Supermarket in Chicago, IL This loan was brought to Gelt by a [...]
Hotel Mortgage Financing Missouri: Gelt Financial Announces Funding of $800,000.00 Hospitality Bridge Loan in Branson. DELRAY BEACH, FL (Dec. 30, 2020) – Gelt Financial, a leading commercial real estate direct [...]
JUST CLOSED IN BROOKLYN, NEW YORK! Gelt Financial is proud to announce we just closed a $450K First Mortgage on a mixed-use property in Brooklyn, NY. The building was [...]
JUST CLOSED IN NASHVILLE, TENNESSEE -- ATLANTA, GEORGIA -- NORTHAMPTON, MASSACHUSETTS! Gelt Financial is pleased to announce we just closed a $3.55MM First Mortgage on a NNN Portfolio. The [...]
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 [...]
Jack Miller gives his opinion on leaving your job and becoming a full time real estate investor. What has he seen over the years: "How you doing? This is Jack Miller. [...]
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 [...]
Michael talks about the financing Gelt Financial provides owners of Funeral Homes and other business. Remember when your bank says NO, we say YES!
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 [...]
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 [...]
Jack and Marcy share some real-life tips for commercial Mortgage Brokers: "Jack: Okay, we're starting; we're improvising here. Marcy: Yes, because we have had mechanical problems this morning. Jack: I'm embarrassed [...]
Jack Miller Gelt Financial's founder talks about how to become a commercial mortgage broker. Gelt has been helping commercial real estate and investment borrowers since 1989. When your bank says NO, we [...]
Washington DC, Investment real estate 2 unit 1st Mortgage Bridge Loan cash out refi, No income verification foreclosure bail out. Fast approval and Closing. When your bank says No, we say [...]
JUST CLOSED! Gelt just closed on a non arms length foreclosure bail out mortgage in a Suburb's of Philadelphia. Pa Hear how it all went down from our expert team! "Jack: Michael [...]
Gelt Financial focuses on Small Balance- Business Purpose, Investment and Commercial Private Mortgages. We love loans under 1 Million. Private Lending without any red tape and log delays of banks. Gelt [...]
In Foreclosure Bail Out, commercial Property in Brooklyn NY, it discusses Gelt Financial's provision of foreclosure bailout loans for commercial properties in Brooklyn, New York. It emphasizes our ability to quickly [...]
We just provided with a experienced investors 4.3 Million bridge Mortgage on 3 credit tenant deals as part of a 1031 Transaction. This borrower will refinance with a bank, but a [...]
Chicago Office Condo Mortgage Closed, No income Verification for owners of Business. "Chicago, Chicago, that title in town, that title in town. I love it. Bet your bottom dollar that you'll [...]
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 [...]
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 [...]
Markets are always changing and moving in order to survive Mortgage brokers need to pivot to what they can close and make money with. Condominium Association loans is an excellent way [...]
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 [...]
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 [...]
Gelt Financial, LLC just closed a $1,000,000.00 first mortgage on a Building leased to Wendy's in TN. This was closed without an appraisal and within a week, the borrower needed a [...]
Gelt closes on a first mortgage cash out refinancing for $300,000.00 on a strip of stores in Detroit. "Jack: Hello, everyone. This is Marcy and Jack. Marcy, what deal are we [...]
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 [...]
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 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 [...]