Just closed on a 5 unit mixed use building mortgage
Just closed on a 5 unit mixed use building mortgage in the beautiful Wilmington, Delaware! Loan of $210,000 with 100% cash out, and a stated income loan program at 70% with an 8.75% rate. Closed within the next day. Eager to finance more loans!
Private Money Lender – Related posts
First know that you’re not alone. It is estimated that over 200,000 homes are being foreclosed on. There are plenty of well-intentioned, good, honest real [...]
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 [...]
Benefits of using a family owned lender: Using a family-owned lender, also known as a private lender, can provide several benefits for real estate investors. Here are some of the [...]
JUST CLOSED IN ENGLEWOOD, FLORIDA! Gelt just closed a $235K First Mortgage purchase for a father and son team who operates outside of Florida. The duo wanted to expand [...]
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 [...]
Debtor-in-possession financing, commonly referred to as DIP financing, is a type of financing central to companies in bankruptcy, specifically those who have filed for Chapter 11 bankruptcy protection within [...]
JUST CLOSED IN NORTH FORK, NEW YORK!Gelt Financial is excited to announce we just closed a beautiful Single-Family Investment Property in North Fork, NY. This home is centered in picturesque [...]
Loan amounts $50,000,00 and above Commercial Properties or Investment Real Estate Commonsense Underwriting- Deal with decision-makers Customized terms to meet the borrower’s needs (we can be flexible) Purchase, refinance, storied [...]
Gelt Financial president H. Jack Miller was recently featured as a real estate expert in the Bankrate article "What Is A Private Mortgage Lender?" What Is A Private Mortgage [...]
We are excited to once again step in and help those who banks won’t. In this case, it was owners of a mixed use property in New Jersey which we [...]
What is it and when should an investor use it to their advantage? The Blanket Loan is a single loan that is collateralized by multiple individual properties. This is [...]
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. [...]
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 [...]
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 [...]
Written by Beth Mattson-Teig of WealthManagement.com contributing expert Gelt Financial The increased capital flowing to the preferred equity space far outweighs the volume of available deals. Real estate investors looking [...]
Just closed! We recently closed on a $300K mortgage for a borrower in Charlotte who owned his single-family property free and clear. By leveraging the equity in the home, [...]
This borrower’s seller-financed mortgage came due to his commercial condo space. Gelt Financial, LLC was able to assist the borrower in refinancing his commercial property from which he runs his [...]
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 [...]
About 18 months ago we received a referral from a workout attorney, he had a client who owned a multi-location small business. Their current lender a local bank had [...]
Gelt Financial providing private lending for office buildings nationwide between $100,000 and $5,000,000 Gelt Financial is a leading provider of private lending for office buildings nationwide. We offer loans between $100,000 [...]
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.
Gelt Financial Closes $650K Loan on Jack in the Box Property in Texas — Rush Closing in Just 10 Days
Gelt Financial, LLC, a nationwide private commercial real estate lender, has announced the successful closing of a $650,000 loan secured by a Jack in the Box property in Texas. [...]
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 [...]
Gelt Financial just funded a $450,000 refinance loan for a single-family home in beautiful Charleston, SC. The borrower plans to renovate the property and turn it into a rental. With a 64% LTV and no income verification required, this deal highlights the flexibility we bring to real estate investors. Looking for creative financing? We can help. When your bank says NO, we say YES! About Gelt Financial Gelt Financial is a [...]
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 [...]
Why do Professional athletes come to Gelt Financial to borrow money? We dive into it.....
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 [...]
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 [...]
Gelt provides Condo and HOA Association Financing when banks won't. Typically banks wont deal with small associations, high delinquency, low reserves or high investor condensations as well as other reasons and [...]
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... [...]
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 [...]
Gelt is always changing, evolving to improve, our products & meet needs CRE Investors & Biz Borrowers. Gelt has been helping commercial real estate and investment borrowers since 1989. When your bank [...]
Gelt Financial is lending and busy, while the secondary market is almost shut down and a lot of other lenders are not lending. We are busy providing commercial and investment mortgages [...]
A Mortgage broker bought us an Office Condo financing request for a business owner who occupied the property and could not verify income and did not quality for bank financing due [...]
Gelt Financial provides non QM mortgages on residential investment properties. Hear more from Jack and Michael on how to get started. When your bank says NO, we say YES! "Jack: Michael, [...]
In the video, Jack shares valuable tips on the importance of paying attention to the details when investing in real estate. He emphasizes the need for personal involvement in conducting due [...]
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 [...]
Here is a client testimonial and review from our client Sam. Gelt has been helping commercial real estate and investment borrowers since 1989. When your bank says NO, we say YES! "Hi [...]
Gelt is excited to provide first mortgage financing for an local real estate investor in Idaho on a single family dwelling. This was done under as a very limited documentation mortgage [...]
Marcy and Jack get a little personal and talk about how grateful and appreciative we are.Jack: This is Marcy and Jack at Gelt Financial. Marcy's suggestion—Marcy, you get the credit for this [...]
Commercial Mortgage Pawn Shop in Fort Lauderdale, FL "Marcy: Hi, Jack. Jack: Hey, Marcy. To tell people, I should, I say at the end, but I'm going to say at the [...]
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 [...]
Jack Miller and Marcy talk about a fast closing on a mixed use property in New Jersey that a residential mortgage broker brought to us when no one else could close [...]
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 [...]
Jack Miller gives a little history of the term Hard Money lending and Private Money Lender and what's the difference between the two, if any. He talks about the differences between [...]
What does the collapse and FDIC take over of Banks mean to our Borrowers and Mortgage Brokers? How will this effect us and you? "Marcy: Hello. Jack: Hey, we want to [...]
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 [...]
Jack Miller tells everyone the most unbelievable thing a borrower said to him. It was something that he will remember forever. He also talks about how Gelt helps borrowers, who are real [...]