First Mortgage on an office building, in foreclosure

Funded by Gelt Financial, LLC

Metuchen, NJ

$580,000

Office

05/19/2022
Transaction by
Gelt Financial, LLC
Experienced real estate investors purchased property buy buying the tax liens on it and foreclosing, years latter could not make the real estate tax payments and need our financing to pay them off when the tax liens started a foreclosure. Loan was done without an appraisal and based on the collateral only.