Closed: First Mortgage on Mobile Home Park – Indiana
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 attention as they needed a bridge loan on their mobile home park. Their investment was originally bought distressed so they were looking for rehab financing in order to renovate via value-add strategies. No income report. Low credit. Limited docs. Closed within 10 days.
“Gelt is flexible with how we structure deals and that gives us a real edge in providing capital. As part of our robust national growth strategy, we will continue to lend and provide capital to business and real estate investors when banks are not” said Jack Miller, founder of Gelt Financial.
To learn more about Gelt Financial’s lending capabilities and the advantages it offers to commercial real estate owners and investors across the U.S., please visit www.Geltfinancial.com.
About Gelt Financial
Gelt Financial is a non-bank commercial real estate lender in Indiana. 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 a First Mortgage 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 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 [...]
Condo Closed! Gelt just closed the first mortgage on an office condominium in Chicago for the owners of a small family business. When their bank said No, We said yes [...]
JUST CLOSED! Gelt Financial is pleased to announce we just closed a $325K First Mortgage on an Industrial Property in Pueblo, CO. This was structured as a cash-out refinance [...]
JUST CLOSED IN DOTHAN, ALABAMA! Gelt Financial closed a $600K First Mortgage on a NNN Property in Dothan, AL. A PopShelf, a credit-rated tenant with a corporate guarantee, secured [...]
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 [...]
Gelt Financial, LLC is pleased to provide financing for an owner of a 6 unit multi-family investment property in Cincinnati, Ohio. This was No income verification cash-out refinance with a [...]
Gelt Financial, a direct non-bank commercial real estate Lender and Investor announced that it is relocating from Delray Beach, Florida to Boca Raton, Florida. Beginning August 19, 2022 Gelt Financial’ [...]
Just Closed! We just closed a $300K refinance for an owner-occupied commercial condominium in Philadelphia, PA—home to a local dance studio. The borrower’s previous loan was in forbearance, but we stepped in and [...]
Gelt Financial's Vice President Noah Miller will be a featured panelist next week at the 6th Annual NPL, Notes & Default Servicing Forum (East) in Orlando on Monday, March 20. [...]
Gelt offers to finance to real estate investors and commercial property owners with programs that include no income verification mortgages, Bank turn downs, and credit problems welcomed, bridge mortgages, [...]
Gelt Financial president H. Jack Miller was recently featured as a real estate expert in the Benzinga article "How Many Months of Bank Statements for a Mortgage Are Needed?" [...]
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, [...]
JUST CLOSED IN BROOKLYN, NEW YORK! Gelt Financial is excited to announce the closing of a $800K first mortgage in Brooklyn, NY. The investment property was a retail building [...]
JUST CLOSED IN MANHATTAN, NEW YORK! Gelt Financial is proud to announce that we just closed a $200K First Mortgage on a stunning condo on Park Avenue in Manhattan. [...]
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, [...]
Benefits of using a joint venture equity partner to buy real estate: Using a joint venture equity partner can provide several benefits for real estate investors. Here are some of [...]
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 [...]
We are pleased to provide financing for a real estate investor on a cash-out refinance on an investment property in Pennsylvania. The borrower cashed out to pay tax liens as [...]
This month, Gelt Financial was featured in Scotsman Guide, the leading commercial real estate lending publication. See the featured article below: Let’s face it: The days of historically low interest rates, [...]
Gelt Financial, LLC was pleased to provide a $1,800,000.00 non-recourse first mortgage financing to a local non-profit owner of a retail shopping center in Philadelphia. The property is a neighborhood [...]
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 [...]
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 [...]
Mezzanine financing is a type of capital that is used to finance a variety of different types of commercial real estate projects. Unlike traditional loans, which are secured by [...]
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, being in the lending business for over 35 years, tells commercial mortgage brokers the number one thing they need to know and do to succeed. "Hello, this is Jack [...]
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 [...]
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 [...]
How do we dig in and use real life math and market data to determine the market value of a real; estate investment property at Gelt Financial. "Jack: Jack and Michael [...]
Michael talks about the financing Gelt Financial provides owners of Funeral Homes and other business. Remember when your bank says NO, we say YES!
What’s needed for a fast and smooth mortage closing at Gelt Financial? And what can cause delays? Go behind the scenes with Jack Miller and Marcy Berger at Gelt Financial to [...]
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 [...]
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 [...]
In C Store Commercial Mortgage Closed, Atlanta Georgia it discusses about a commercial mortgage deal for a convenience store (c-store) located near Atlanta, Georgia. It features the c-store owned by a [...]
First Mortgage Commercial Mortgages on an owner occupied restaurant in Illinois. No income verification. "Video Title: First Mortgage Financing on Owner Occupied Restaurant in Illinois Speaker: Jack Miller and Marcy Berger [...]
Jack Miller advises mortgage brokers on everything they should have ready and provide to lenders to get their loans closed FASTER.
Gelt Financial provided a new first mortgage foreclosure bailout loan on a mixed use property ion Brooklyn, NY. The mortgage broker called us and we approved and close the loan without [...]
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 [...]
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 [...]
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 [...]
Gelt Financial, LLC focuses on DIP Lending, also known as Debtor-in-Possession Financing and exit financing for Chapter 11 bankruptcy cases. Jack Miller gives a little history and overview of DIP financing [...]
Michael Kelman goes into detail and lays out the business purposes and commerical mortgage that are in the stick zone of Gelt Financial and how we can get create to meet [...]
Gelt Provided 100% financing of the sales price on an office Building In Illinois. No appraisal, quick close deal. No appraisal, rush deals, bank and other lender turndowns, and much more [...]
Gelt Financial loves providing Real Estate Investors and Small Business owners the small balance mortgage financing they need. We Finance Cannabis Retail locations, contact us to learn more. [...]
We just provided an experienced real estate investor 100% financing on a new purchase by talking an additional property as collateral, our mortgages were on two single-family properties in two cities, Orlando [...]
Part 2: Do you have what it takes to be a Mortgage Broker- Commercial or Residential? "Hello, this is Jack Miller from Gelt Financial again. I made a video the other [...]
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 [...]
Jack Miller goes over why commercial banks will call in or default on a commercial mortgage loan even when the loan holder is on-time with the payments. "Hi, this is Jack [...]