Just closed commercial mortgage, Purchase of a owners occupied day care in Florida, credit below 630, 25 year term, no balloon……….. We are always here to help our clients.
Just closed commercial mortgage, Purchase of a owners occupied day care in Florida, credit below 630, 25 year term, no balloon……….. We are always here to help our clients.
Private Money Lender – Related posts
Note on note financing is a loan secured by a mortgage note you already own or are buying, giving note investors a fast way to access capital without selling [...]
JUST CLOSED IN FORT LAUDERDALE, FLORIDA! Gelt Financial just closed a $600K First Mortgage on a retail building in Fort Lauderdale, FL. The borrower was having trouble finding a [...]
JUST CLOSED IN FIVE BUSINESS DAYS! Gelt Financial is excited to announce we just closed an $840K First Mortgage on an office building in Orlando, FL. This project was [...]
We are pleased to help another small business owner and provide them with a cash-out refinance the mortgage on a liquor store they owned in Dearborn, Michigan, they came to [...]
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 [...]
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 [...]
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 has provided a First Mortgage on a residential investment property in Wildwood, NJ. The property was a townhome, one block from the beach and Gelt was able to [...]
Gelt Financial just refinanced an operating Gas station and C store in Pleasantville, New Jersey. When the owner of this property found himself on the receiving end of a default [...]
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 [...]
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! [...]
Just Closed! Gelt Financial just funded a $250K cash-out refinance loan for a single-family home in Washington, DC. No appraisal. Super-fast closing. Cash-out refinance. Flexible documentation. The borrower, a [...]
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 [...]
Thinking about a mortgage loan from a big-name bank or a private mortgage lender, but you aren’t sure which one to choose? Think again—the differences will [...]
Gelt Financial president H. Jack Miller was recently featured as a real estate expert in the Real Estate Bees article. How to Become a Successful Mortgage Loan Officer written [...]
Gelt Financial arranged a cash-out refinance for a client that owns a single-family investment property. The loan amount was $130,000.00 with a 30-year amortization and no balloon. It was done [...]
JUST CLOSED IN BRADENTON, FLORIDA! Gelt Financial closed a $220K First Mortgage on a single-family investment property in Bradenton, FL. Our client needed a fix-and-flip loan with short-term financing [...]
When a company is going bankrupt, there are things they can sell other than its assets. For one, they can also sell their debt. What is Distressed Debt? Distressed debt [...]
Deal done! Gelt Financial recently closed a $230,000 refinance for a single-family investment property in Stockholm, New Jersey. This straightforward refinance was completed with speed and simplicity, allowing the [...]
If you own a commercial or investment property and want to borrow less than $150,000.00, you have limited choices. Most go to costly merchant cash advance loans that charge 60% [...]
JUST CLOSED IN MIAMI, FLORIDA! We are pleased to announce we just closed a $242,500 First Mortgage on an investment property collateralized by a condo in Brickell, the heart [...]
JUST CLOSED IN SEVEN BUSINESS DAYS! Gelt Financial just closed a $750K First Mortgage on a retail building in Fort Lauderdale, FL. This loan needed to close FAST, and we [...]
Commercial Financing & Real Estate Investment Programs February 19, 2015 Press Release Gelt Financial Corporation, in business since 1989, is pleased to announce several new Real Estate Investment & Commercial [...]
TL;DR: What Insurance Do I Need for a Hard Money Loan? • Property insurance (hazard): Covers the physical structure against fire, wind, theft, and damage • Liability coverage: Protects [...]
Jack talks about a loan that Gelt Financial just approved and what the loan to value is.
Gelt Financials provided a First Mortgage on a co-op investment property in Naples, FL. We are your private lending partner for small balance investment and commercial properties. Watch the video to [...]
An email from a borrower after he paid Gelt Financial off. This is an every day event at Gelt and we are so grateful to our borrowers and love helping them succeed. [...]
In the video, Jack explains the concept of a co-tenancy clause in a lease, particularly in retail leasing. The clause allows one tenant to terminate or modify their lease if another tenant [...]
Very high LTV, new construction, Florida almost nothings down. property only qualification. When your bank says NO, we say YES!
In this video, Jack discusses a closed deal in Chesapeake, Virginia. Wherein $220,000 is provided, first mortgage on a mixed-use property to a real estate investor with poor credit. The borrower [...]
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 [...]
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 [...]
Gelt closed on strong value add deal in a major city, providing 100% financing. The property was purchased at a foreclosure auction, leased back to the owners and sold for a [...]
In the video, Jack shares negotiation tips for property deals. He emphasizes the "Art of Negotiation is to Analyze" -- the importance of analyzing the situation, listening actively, and keeping one's [...]
We love working with our borrowers. They teach us so much. We are so great-full to be their lending and capital partners. "Hi, this is Jack Miller at Gelt Financial. I'm [...]
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 [...]
Gelt Financial provides a First Mortgage on a Fire damaged Investment property in Baton Rough, LA.
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 [...]
In the video "Feedback from a Mortgage Broker on a 4-day closing" Jack, shares positive feedback about a 4-day closing in a YouTube video. He expresses his happiness in receiving praise from [...]
Gelt Financial closes a refinance on 2 small multi family properties in CT. "Jack: Hello, this is Jack and Marcy at Gelt Financial again, super excited. We're always excited here, but [...]
In Bridge Loans by Gelt Financial | Commercial Bridge Loans - Explained the video discusses bridge financing, which is a short-term loan used for two purposes: to make money, such as [...]
Gelt closed another Mobile Home Park Mortgage Closed in Indiana. Remember, when your bank says NO, we say YES! "Jack: Okay, Marcy Berger, we're here. Marcy: We're here. Hi, guess what? [...]
In this video, Michael discusses how Gelt Financial handles prepayment penalties on commercial mortgages. They offer a creative solution by negotiating an exit fee that allows clients to avoid paying minimum [...]
Small Business Owner Occupied First Mortgage, provided by Gelt Financial. "Marcy: Hey Jack. Jack: Okay Marcy, so anyway, owner-occupied business, tell everyone about it. You know the details of this? Marcy: [...]
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, [...]
Gelt closes non bank commercial mortgage on an 80,000 sq. ft. office building in Toledo, Ohio, for a highly sophisticated real estate investor: "Marcy: Hi, Jack! Jack: Hey, Marcy. We're live on... [...]
Gelt Financial closed a 1st mortgage cannabis dispensary in NJ for a cash out refinance to fix up the property, no appraisal or income verification. When your bank says NO, we [...]
Jack Miller of Gelt Financial addresses a common misconception on why some businesses file Chapter 11 Bankruptcy. Gelt Financial is a bankruptcy DIP and Exit lender.