{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Private Lending Insights","title":"Creative Small Balance CRE Hard Money with Gelt Financial","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/93409fed\"></iframe>","width":"100%","height":180,"duration":3944,"description":"Jack Miller, President of Gelt Financial, spoke with Rocky Butani to talk about hard money loans for small commercial properties, their unique lending guidelines, the company's long history, and more. Visit Gelt’s profile on PrivateLenderLink.com to learn more and to contact them: https://privatelenderlink.com/profile/gelt-financial/?utm_source=lender-link-podcastThis interview is Episode #14 of the Private Lending Insights Podcast: https://podcast.privatelenderlink.com/Check out Gelt Financial’s YouTube channel for educational content about hard money lending: https://www.youtube.com/@GeltFinancialLLC00:00 Intro01:38 Market Trends03:31 Bank Tightening06:05 Gelt's Flexibility07:07 Loan Guidelines09:18 Fees and Appraisals12:39 Where Gelt Lends13:22 Property Types14:43 Retail and Multifamily16:05 Foreclosure Bailouts18:33 Foreign Nationals20:13 Defaults and Workouts22:35 HOA and Condo Loans25:00 UCC Liens27:24 Non-Recourse Loans30:36 Fractional Ownership31:41 JV Deals36:12 JV Risk Approach37:14 Company Overview39:19 Fast Closings40:31 Cross Collateral42:45 Capital Structure46:50 Loan Servicing50:24 Buying Loans52:16 Long-Term Borrowers55:01 Borrower Feedback55:45 Market Focus58:02 State Challenges","thumbnail_url":"https://img.transistorcdn.com/xr0UiXHNefdYVN_pu04i05Y0vju7Zbs-uZfDeHQDW14/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS83ZjVk/YjFlNDU1YzQzZjQz/NDVjZGRlODQ1Yzk5/MWUxZS5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}