Also, probably should have a video on how to facilitate borrower sensitive information to the lender. Via google drive to protect? Obviously not keep docs on file unprotected. What are the rules and best practices? If they don't qualify, what should brokers do with docs? Destroy or keep in a secured file in case borrower comes back with another scenario?
@GeltFinancialLLC3 ай бұрын
You may want to speak with an attorney on this question.
@shauncombee61563 ай бұрын
I need a basic from broker to close lending scenario. I have been dealing with strike outs and not in the know what happens once I bring an investor to be funded.
@GeltFinancialLLC3 ай бұрын
Sorry your striking out and sorry the lenders are not keeping you in the know. We are unsure your looking for or how we can help or educate. Please advise.
@shauncombee61563 ай бұрын
@@GeltFinancialLLC if you guys can do a video outlining the process once an investor accepts terms. For instance: what are the steps to a successful funding process from application to close looks like. My biggest down fall is deals falling apart before they close!
@GeltFinancialLLC3 ай бұрын
Thanks for the suggestion. We made this just for you. We hope you find it helpful. kzbin.info/www/bejne/moS0pKttbZlsb6csi=BfLFBmXu4Bq_He6d
Hello, I would like to work with you, but I want to get as much information as possible to be prepared. I've watched several videos that you have put out and subscribed. Following your suggestion here, I went to your page but could not find the forms area for the forms you are referring to here. Is there a way that I can get a link to the forms or some way that I can get them? I'd like to study them so I know what to ask for etc. I am a real estate broker, and I think adding this service would greatly help my clients.
@GeltFinancialLLC3 ай бұрын
Sure here is a link to it geltfinancial.com/forms/
@roxannamiguel72913 ай бұрын
I love this! I am one to treat people with compassion and respect. I think this was a wonderful tip.
@GeltFinancialLLC3 ай бұрын
Glad you enjoyed it!
@roxannamiguel72913 ай бұрын
Hi Jack, would you please let us, and me, know what is the average commission for brokers? I do real estate, and would like to know what is the commission rates for mortgage brokers? Please let me know.
@GeltFinancialLLC3 ай бұрын
Great questions, but it really depends on many factors such as the type of deal, size of deal etc..
@TMZTubeLive3 ай бұрын
Jack and Marcy, I like your content, but whoever is doing your KZbin SEO is not helping you guys. This happens with 80% of small businesses, they put out great content, have a great business model, but because of their lack of knowledge in Social Media Optimization (very similar to SEO) they aren’t able to get exposure to the their full audience potential. I’m willing to help you guys out for free and in return you teach me some creative ways to use your services. Kind of a win win for you guys, hopefully myself too. If you are interested, respond with how I can get in-touch.
What would a loan look like for a Investment 6 family rental unit for about 650-700k ? What would investor need for down payments and what would terms/rates be roughly? Also how long does a deal take to close and what kind of commission would it pay ?
@GeltFinancialLLC4 ай бұрын
We can close very fast, please call us at 561 222 0900 or visit us at Geltfinancial.com
@CalistroVC4 ай бұрын
Beautiful.
@GeltFinancialLLC4 ай бұрын
Thank you!
@ernstpierre5564 ай бұрын
I love this video thank you for sharing the details and requirements. I’m so looking forward to closing a deal soon with Mr Michael Kelman
@GeltFinancialLLC4 ай бұрын
Thanks so much…
@josebonilla74374 ай бұрын
Sounds good I’m interested it
@GeltFinancialLLC4 ай бұрын
Please visit us at Geltfinancial.com
@MgtowRubicon4 ай бұрын
I would never own or loan in HOA. Just saying...
@GeltFinancialLLC4 ай бұрын
ha ha. thanks for your feedback.
@menashetreitel71865 ай бұрын
Congratulations. Amazing
@GeltFinancialLLC5 ай бұрын
Thank you so much 😀
@christianstill.66546 ай бұрын
So would you be ok in being 2nd position? especially as a partner? it would also be savvy to have a sponsor/ guarantor on board for borrowers, who collects a fee post closing in an operating or jv agreement. this would help you guys get a lot more deals!
@GeltFinancialLLC6 ай бұрын
Every deal is looked at individually based on a variety of factors. But we maybe as a partner. We have done this before and if we like the deal would do it. Please send us the deal at [email protected]
@johndecker72896 ай бұрын
It really works great when done right. It’s the first cousin to something in our market referred to a stretch first. With the CRE climate we are heading into, right product at the right time. I’ll see what I have. Michael, what size parameters?
@GeltFinancialLLC6 ай бұрын
Thabks so much
@christianstill.66546 ай бұрын
I need a loan product like this. I have an investment property where the seller wants a lot of money, but it's able to cashflow really well (about 2,000 a month net), but don't have a lender yet.
@GeltFinancialLLC6 ай бұрын
Please visit us at Geltfinancial.com or call us at 561-221-0900
@JohnnyOwen-i2r6 ай бұрын
I like u guys u are not stiff shirts
@GeltFinancialLLC6 ай бұрын
Thanks so much for your support
@nancysapra55556 ай бұрын
You're so positive!! Thank you for encouraging the new aspirants... 😊
@GeltFinancialLLC6 ай бұрын
You are so welcome! Your comments give us energy to keep doing these.,
@hankhughes81696 ай бұрын
Great info
@GeltFinancialLLC6 ай бұрын
Glad it was helpful!
@ronron237 ай бұрын
Contact info I have a bridge loan opportunity. Love to connect and see if we can work some magic
Gelt where are you? Would love an update on the Subto lending topic.
@GeltFinancialLLC7 ай бұрын
thanks so much for the suggestions. We will make a video on subject to and assumption deals.
@jeanpierre35667 ай бұрын
Gelt how’s it going? Can you guys make a new up-to-date video on auction lending and Subto lending.
@GeltFinancialLLC7 ай бұрын
thanks for the suggestion. We have made video's on financing properties purchased at auction and it is on our You tube channel. If there is something you think we did not cover in that, please let us know and we will make an updated one. We are not sure what you mean by Subto lending? Please clarify. Keep the ideas coming, we love it.
@jeanpierre35667 ай бұрын
I’ll be happy to explain. Subto is when you are assuming the mortgage. For example let’s say a seller wants to sell their property but doesn’t have enough equity to sell. ARV: 300K and the seller owes 290K after closing and agents fees the seller will have to bring 20K just to closing. So how subto comes in to play instead of applying for a mortgage just to replace there atheir mortgage we just assume it and pay them the difference at closing which will be $10,000.
@jeanpierre35667 ай бұрын
So you guys can lend on Subto deals with low entry fees like $10K - 90K on brand new rehab properties that are moving ready for a tenant or a tenant buyer and also you guys can JV these types of deals if you don’t feel comfortable being a second position.
@jeanpierre35667 ай бұрын
I would love to hear you guys feedback on everything I wrote and if you could do a video on this topic, it’s a high demand for lenders that can lend on these types of deals.
@allbiz83457 ай бұрын
😂😂😂😋😋😋
@GeltFinancialLLC7 ай бұрын
thanks
@camcofer26717 ай бұрын
I am a student right now studying Real Estate and Finance. What advice would you give to someone like me who wants to get into a good mortgage brokerage when I graduate? What should I be doing now to prepare?
@GeltFinancialLLC7 ай бұрын
Learn, Learn and keep learning is the best advise we could give. We have hade several educational videos for mortgage brokers. You may want to watch them. Good luck, it can be a fantastic career. We are here to help.
@daviddub7 ай бұрын
You guys are great.
@GeltFinancialLLC7 ай бұрын
thanks so much. your comments mean a lot to us
@JamesKing-xt7mz8 ай бұрын
Awesome Jack !
@GeltFinancialLLC8 ай бұрын
Thanks for listening
@joeh35198 ай бұрын
would love to work with you guys but there is no meat on the bone for the broker to make money.. every deal i brought i was capped at 1 or 2 points.
@GeltFinancialLLC8 ай бұрын
We don’t have a cap on broker points or fees as long as the borrowers agree to pay them and it’s documented. We recommend that brokers keep their fees fair and inline with the market. We recommend you speak with Gelf Management about this, seems like a misunderstanding.
@allbiz83458 ай бұрын
Awesome Info!!🤩
@GeltFinancialLLC8 ай бұрын
Glad it was helpful!
@allbiz83458 ай бұрын
Awesome info!
@GeltFinancialLLC8 ай бұрын
Thanks., we are here to help
@jaycaldwellwin12718 ай бұрын
Love the videos. Please looking into a microphone that clips in the clothing. Certain points the Audio is difficult to hear. Love the content. 🎉
@GeltFinancialLLC8 ай бұрын
Thanks
@GeltFinancialLLC8 ай бұрын
Thanks
@bullmarketcapital8 ай бұрын
Good one.
@GeltFinancialLLC8 ай бұрын
Thanks!
@HomeRemedyREI-bc5jw9 ай бұрын
Hi I am a Broker who is newly introduced to Gelt Financial I Like and agree with your business model. Now when most lenders and banks are pulling back and out of the market, which only makes it decline faster . I applaud you for braving it and pivoting your focus on providing "rescue Capital" and help people get back on track. We have to , because banks or government programs will not save anyone. We need to help each other back up again. That is something I believe in as well, You have gained a new crusader ....Me! ; )
@GeltFinancialLLC9 ай бұрын
Thanks so much.
@nguye19719 ай бұрын
Would you recommend taking a prepayment penalty loan in this current high interest market? If the rate is dropped back down said in 2 years
@GeltFinancialLLC9 ай бұрын
Excellent question. It all comes down to the economics of the deal. You may want to compare what a deal would look like with no prepayments penalty or a shorter one and compare them.
@morganhardyfm68779 ай бұрын
This is cool! Never expected this to be a brokerable class of lending.
@GeltFinancialLLC9 ай бұрын
Yes its a specialty that we love.
@Buy_YouTube_Views_a1359 ай бұрын
Your channel is a true inspiration to me.
@GeltFinancialLLC9 ай бұрын
Wow, thank you
@allbiz83458 ай бұрын
Yes! It’s a Godsend! 🎯🔥
@GeltFinancialLLC8 ай бұрын
thanks so much.
@nothingbutthetruth85869 ай бұрын
Hello, I am curious to understand why exactly his income couldn't be verified? How is he doing accounting for a business? I guess technically it's not against any law to keep your business account or payment system private. But you folks helped him because he had proof of cash right?
@GeltFinancialLLC9 ай бұрын
We are unsure. Some people just don't do a good job on the accounting side of things
@hankhughes81699 ай бұрын
Great conversation and info
@GeltFinancialLLC9 ай бұрын
thanks so much
@MgtowRubicon9 ай бұрын
I want to find a non-QM lender that offers up to 50% LTV cash-out refinance with no/low seasoning of ownership using its own appraisal rather than the lower purchase price. The property was purchased with 100% creative finance.
@GeltFinancialLLC9 ай бұрын
Please visit us at Geltfinancial.com or call us at 561-221-0900
@Ricky-Real9 ай бұрын
Definitely looks like you would be willing to work with us
@GeltFinancialLLC9 ай бұрын
With pleasure, please visit us anytime at www.Geltfinancial.com
@DigitalOutreach.Expert10 ай бұрын
Your KZbin channel is amazing! The content you create is instructive and informative, The production quality, creativity, and passion you put into your videos are evident in every frame. you are keeping me hooked with every video. Keep up the fantastic work, you're doing a fantastic job!
@GeltFinancialLLC10 ай бұрын
Thank you so much.
@kennethmorris157110 ай бұрын
Thank you.
@GeltFinancialLLC10 ай бұрын
With pleasure
@aokellum11 ай бұрын
Good stuff. Thanks for sharing.
@GeltFinancialLLC11 ай бұрын
With pleasure thanks for watching
@malobefamily738111 ай бұрын
This is good
@GeltFinancialLLC11 ай бұрын
Thanks so much
@rickbaker779411 ай бұрын
Where would I find more information on your website