Jack discusses how “fix and flip”, and rehab loans works. He highlights his extensive experience, having done thousands of loans for investors. Gelt Financial offers loans up to 65% of the property’s after-completed value, covering various expenses. They offer different programs, including a partnership option. Additionally, Jack mentions the potential to make money through fix and flip loans in any economy with the right positioning and capital partner:
Hello, this is Jack Miller of Gelt Financial. I’m here to talk about one of my favorite products. It’s the fix and flip or the rehab product. We’ve been doing these for literally decades. We’ve done, I don’t know the exact amount, but more than seven—I’m guessing more than nine thousand loans. We’ve helped probably way more than five thousand investors. It’s a beautiful feeling. We will lend someone up to 65% of the after completed value of a property. We’ll lend them the closing costs, the rehab, the carrying costs.
We have a bunch of different programs. We can also do what we call the partnership program where we’ll buy the property with them, and we split the profit. So, we have a bunch of different programs all under the fix and flip and Rehab budget. There’s no one more experienced, I think, in the marketplace than us. To it today, any kind of flexibility you want, we have, as long as the property values are above one hundred and fifty thousand and the loan amounts are above a hundred thousand. We want to take a look at the loan.Feel free to call us at 561-221-0900 or check us out at geltfinancial.com. Don’t forget to like us on YouTube and subscribe to us and hit the button or the buzzer, and you’ll get notified every time we post something.
But we love fixing flip loans, you should love them too. It’s a great way to make money. You know what, we’ve been doing them for fifteen, twenty years now. The truth is, in every economy, people are making money. I hear people say that they don’t make, they can’t make money in this economy. That’s a bunch of hogwash. You can make money in any economy. You just have to position yourself right with it, and you need the right capital partner. We want to be your capital partner. Give us a call today and make sure you have a great day. Thank you very much.