Closed: First Mortgage on a $300K property
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 quickly planned for rehab. Our borrower needed a fix-and-flip loan so we provided short-term financing. Limited documentation and no income verification. Fast closing within 10 days.
When your bank says NO, we say YES!
Click here to view more closed investment property hard money loans in Miami, Florida.
About Gelt Financial
Gelt Financial is a non-bank commercial real estate lender. We 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.
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 on Gelt’s YouTube channel and for more info on our completed deals, check our Deals Done.
Private Money Lender – Related posts
JUST CLOSED IN BOCA RATON, FLORIDA! Gelt Financial is proud to announce we just closed a $400k single-family construction loan in Boca Raton, FL. A mortgage broker sought a [...]
JUST CLOSED Cash-Out Refinance in Ramsey, New Jersey! Gelt Financial just closed on a $500k First Mortgage on an office building in Ramsey, NJ, a suburb of New York [...]
JUST CLOSED! Gelt Financial is pleased to announce we just closed a $65k loan for a single-family investment property in Augusta, Georgia. With our streamlined process, there was no [...]
Detroit Cash Out Refinance: Gelt Financial provided a cash out refinance to an experienced real estate investor on a retail strip center in Detroit, MI. Gelt was able to focus [...]
Gelt Financial, LLC approved a “DIP” Debtor in Possession first mortgage on a health care facility in New England. Over the years Gelt has developed a specialty in helping owners [...]
DEAL CLOSED IN INDIANA! Gelt Financial provided a $200K First Mortgage on a Mobile Home Park Investment Property in Indiana. A hard money broker brought his client to our [...]
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 [...]
An experienced investor was able to put under agreement of sale an Industrial building with a large amount of ground at a very good price. The property was lost to [...]
JUST CLOSED! Gelt Financial just funded a $750K purchase loan for a cannabis dispensary conversion in Marlton, NJ. With 34% LTV, the borrower, who holds a cannabis license, is [...]
Gelt Financial president H. Jack Miller was recently featured as a real estate expert in the BiggerPockets article "Everything Around It is Collapsing, But This One Last Property Type Remains [...]
JUST CLOSED IN LAKE WORTH, FLORIDA! Gelt Financial just closed a $700K First Mortgage on a 5-unit multifamily property in Lake Worth, FL. A local borrower came to us for [...]
We just provided an experienced investor a cash-out refinance on Free standing Restaurant suburbs of Pittsburgh, established tenant, but the owner had a lot of credit challenges due to other [...]
Gelt Financial just closed a $250K cash-out refi for a Strip Center in North Tonawanda, NY. The purchase was conveniently located near Niagara Falls and featured a large parking [...]
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 - [...]
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 [...]
FOR IMMEDIATE RELEASE Gelt Financial, LLC and its sister company National Mortgage Income Investments Corporation (NMIIC) have reached a significant milestone: 110 consecutive monthly investor distributions, paid on the [...]
The Definition of Bridge Loans If you’ve dabbled in real estate, have dipped your toes in homeownership for some time, or are just beginning your journey into the vast [...]
Just Closed! We just funded a $240K cash-out refinance for two single-family homes in Marmora and Westville, New Jersey! This deal was a blanket mortgage with a 43% LTV — a solid, low-leverage, collateral-based loan. [...]
Just Closed in Rochester, NH! This borrower came to us in a tough spot—extremely low credit, missed payments, and no time for the usual red tape. We stepped in and [...]
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 [...]
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 was pleased to close on a Blanket Mortgage, two auto-related properties in Ohio for a borrower in Chapter 13.
Purchasing distressed debt, also known as buying non-performing loans, can be a profitable investment strategy for those willing to take on the risk. Distressed debt refers to loans that [...]
Gelt Financial was recently featured in BadCredit.org's article, "Private Lending That Produces Money-Making Wins," highlighting our commitment to delivering swift and reliable financing solutions. In the article, H. Jack [...]
The video discusses how a small loan payoff of $65,000 made to an ethnic family who owned a bodega in Atlantic City. Despite not making much profit on the deal, Gelt [...]
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 [...]
Jack Miller and Marcy talk about what types of deals we are doing during these stressful Corna times. What are we doing, what are we not doing, how is the best way [...]
Mortgage Brokers, get in your year end closings, we are ok with Rush closing on Commercial mortgages
Gelt closed another Mezzanine loan on 3 properties in 3 states with 3 tenants. this was a Collateral based loan. "Jack: I personally, I'm super excited. We just closed a mezzanine [...]
Gelt Financial provides a First Mortgage on a Fire damaged Investment property in Baton Rough, LA.
Gelt has been helping commercial real estate and investment borrowers since 1989. When your bank says NO, we say YES! 👍 #commerciallending #bridgemortgages #hardmoneyloans "Hi, welcome to Gelt Financial's YouTube channel. [...]
Networking is a great source of business for mortgage brokers, Jack and Marcy at Gelt talk a little about it. "Jack: Okay, Marcy. So, like our YouTube channel or wherever you're [...]
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 [...]
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 is a private commercial mortgage lender, and here are some advantages. Speed, creativity, flexibility, commonsense, and access to capital.When your bank says No, we say Yes.
Jack and Marcy answer the question if Gelt Financial raising their interest rates? "Marcy: Hi Jack. Jack: Marcy Berger, good to be with you. Marcy: Good to see you. Jack: Okay, [...]
Why do real estate investors and business owners like coming to Gelt Financial for their capital needs? This says it all. When your bank says NO, we say YES! "Marcy: Hey [...]
Construction First Mortgage closed on investment property spec home in Boca Raton, Fl. "Marcy: Hey Jack. Jack: Hey Marcy, let's tell everyone we just closed something. We normally don't do a [...]
Leigh Ioffe shares the four cornerstones of empathy, tips how to employ it in times of crisis, and how to differentiate between empathy and sympathy. "Hi everyone, Leigh here back to [...]
Jack Miller's message on National Small Business Week: "Hello, this is National Small Business Week. I personally don't like to use the word "small" with business, because when it's your business [...]
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 [...]
In the video Jack suggests a strategy for realtors to become real estate investors without using their own money. By rolling their commissions into investment deals, realtors can transition from being [...]
In Bridge Mortgage Loan Paid Us Off | Bridge Loans the video discusses a successful payoff of a bridge mortgage loan from Gelt Financial. The borrower owned three properties but had [...]
In the video, Jack discusses "daisy chains" in mortgage brokering. It involves multiple brokers passing on potential borrowers, but very few of these deals actually close, leading to wasted time and [...]
Gelt Financial provides mortgage debt on owner occupied business properties: "Jack: Okay, Marcy. Marcy: Hi! Jack: Yeah, we're here. Oh, remember, I always forget, like this, wherever you're seeing YouTube or [...]
How the Gelt Charitable Foundation has been addressing and dealing with suicide prevention workshops and other mental heal issues. "Jack: Hello, this is Jack and Marcy again. Marcy: Hi, how are [...]
Leigh Ioffe talks about mental health and suicide prevention on behalf of Gelt Charitable Foundation. Take care of yourself. "Hi everyone, Leigh here. We're gonna try something new. This is very [...]
Gelt Financial closes a cash out, mixed use, no income verification mortgage in Indianapolis, IN. "Marcy: Hi. Jack: Hi, this is Jack and Marcy at Gelt. Marcy: How are you? Jack: [...]