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 [...]
0 min readPublished On: July 4th, 2020Categories: Deals DoneWhen 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 [...]
3 min readPublished On: October 19th, 2019Categories: Commercial and Investment Real Estate, Distressed Debt and Hedge FundsChicago suburbs, the mixed-use property being purchased by an attorney at a discount price. We provided the first mortgage under our no income qualification program. Gelt Financial, is a private [...]
1 min readPublished On: August 26th, 2019Categories: Commercial and Investment Real Estate, Commercial Mortgage, Deals Done, Foreclosure, Investors, Loans, Mortgage, No Income VerificationGelt 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 [...]
2 min readPublished On: November 20th, 2018Categories: Bridge Loan, Commercial and Investment Real Estate, Deals Done, Foreclosure, Mortgage, Mortgage BrokersA closed first mortgage in Atlantic City, New Jersey, Mixed-use, no income verification mortgage. Self-employed business owner. When your bank says No, we say Yes. Contact us on 561-221-0900 or [...]
1 min readPublished On: October 27th, 2018Categories: Business, Deals Done, Mortgage, Mortgage Brokers, No Income Verification, RetailWe 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 [...]
1 min readPublished On: September 21st, 2018Categories: Business, Commercial and Investment Real Estate, Deals Done, Mixed Use Property, No Income Verification, Small BusinessWe were excited to close the first mortgage on a value add property in Jackson, MS. This was brought to us by a mortgage broker, the property was partially [...]
1 min readPublished On: September 2nd, 2018Categories: Bridge Loan, Commercial and Investment Real Estate, Commercial Mortgage Professionals, Commercial Real Estate Loan, Deals Done, Mortgage, Multi FamilyGelt 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, [...]
1 min readPublished On: June 27th, 2018Categories: Business, Mortgage, No Income VerificationGelt Financial recently arranged $9.8 million in commercial first mortgage financing for the real estate holding company of a large substance abuse recovery center. The company acquired three properties in [...]
1 min readPublished On: February 25th, 2018Categories: Bridge Mortgages, Commercial and Investment Real Estate, Commercial Mortgage, Gelt Financial, MortgageThis 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 [...]
1 min readPublished On: February 20th, 2018Categories: Business, Commercial and Investment Real Estate, Commercial Mortgage Professionals, Commercial Real Estate Loan, Loans, Mortgage, No Income VerificationClosed Loan, Philadelphia the home of the Super Bowl Champion Eagles, vacant Mixed-use property, the buyer was purchasing to fix up and rent out. When your bank says No, we [...]
0 min readPublished On: February 7th, 2018Categories: Commercial and Investment Real Estate, MortgageGelt Financial, LLC just closed a commercial mortgage with a 30-year amortization. This borrower was unable to obtain traditional bank financing because of a personal IRS tax lien, With the [...]
1 min readPublished On: August 21st, 2017Categories: Commercial and Investment Real Estate, Commercial Mortgage, Commercial Mortgage Professionals, Mortgage, MortgagesBorrower cashed out $230k on a 2-bedroom luxury condominium in the heart of downtown Miami, FL. We paid off his first mortgage and gave them a new mortgage of $603k, [...]
1 min readPublished On: April 6th, 2017Categories: Commercial and Investment Real EstateGelt Financial, LLC is pleased to be back in Scotsman Guide. Gelt and its management have been lending to small commercial property owners and investors since 1989. Gelt offers commercial [...]
1 min readPublished On: February 16th, 2017Categories: Commercial and Investment Real Estate, Commercial Mortgage, Gelt Financial, MortgageClosed Loan: After being frustrated by other lenders we were pleased to help another real estate investor in Washington DC on the refinancing of his 4-unit multifamily property. We [...]
0 min readPublished On: January 6th, 2017Categories: Commercial and Investment Real Estate, Loans, Mortgage, Multi FamilyGelt Financial now makes its bridge and opportunity loans available throughout the mortgage brokering community. We offer bridge loans up to $20,000,000 in all major MSAs. We have common [...]
0 min readPublished On: August 3rd, 2015Categories: Bridge Loan, Foreclosure, Gelt Financial, Loans, MortgageHere is what you can do DOWN BUT NOT OUT A distressed property is one that is one that is under foreclosure. Commercial properties such as self-storage centers stand [...]
2 min readPublished On: November 24th, 2014Categories: Investors, Loans, Private Lenders