Press release on Preferred Equity Closing

For more information call me

Jack Miller

561-221-0900 ext 238

quick answers and closings, flexible terms, commercial and non owner occupied residential. We have been doing it since 1989 and are looking to make deals. Understanding underwriting, deal direct with decision makers

JackMiller@Geltfinancial.com

561-221-0900 ext 238

Dip Lending, LLC is pleased to announce that it has just closed a commercial real estate loan first mortgage in New Jersey for a real estate investors that was in Chapter 11 Bankruptcy.   We were pleased to provide them with the financing they needed to pay off their existing lender and exit Bankruptcy.  According to Jack Miller, “When I spoke to the borrowers last evening after closing she could not stop thanking me and told me tonight will be the first night she sleeps well in years thanks…

New Outstanding Mobil Home Park Financing Loan program

300k and up, rates as low as 3.61%, 30 year amm, Purchase or refi, with cash out, Flexible credit

I was just looking at values of all the real estate that I have sold and in all cases the values were much higher and I would have been better off keeping it...... Thoughts?

Please let me know

Just completed another successful work out with a bank:

The short version is the property was a retail shopping center with a cash flow, but the ownership was unable to refinance. The current loan had matured and the lender wanted it paid off, first they raised the interest rate, then they put it in default. The outcome was they gave the ownership a 24 month deal with a 20 year amortization. No fees or costs and dropped the rate by 300 bp to 5.5%, It worked out to a $74,000.00 annual…