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All Forum Posts by: Brian M Sweeney

Brian M Sweeney has started 12 posts and replied 168 times.

The most effective way to find a professional team to work with is to interview a few to find one that can work with your situation. You also want someone or a group that are not only knowledgeable but are timely & have good communication skills. You can find these people in many ways. There’s no right or wrong answer. 

Post: 4 unit commercial lender

Brian M SweeneyPosted
  • MBA, CFP®, EA
  • Columbus, OH
  • Posts 175
  • Votes 207

Looking for a commercial lender that can do a 4 unit deal. Preferably a credit union. Must be able to beat 6.5

Post: Pittsburgh investor friendly title companies?

Brian M SweeneyPosted
  • MBA, CFP®, EA
  • Columbus, OH
  • Posts 175
  • Votes 207
Quote from @Brian M Sweeney:

We give a discount to BP members. 

 Also, Meghan Crighton the President at ClearOak Settlement is awesome & gives a discount to BP members. 

Cosettlement.com 

Post: Pittsburgh investor friendly title companies?

Brian M SweeneyPosted
  • MBA, CFP®, EA
  • Columbus, OH
  • Posts 175
  • Votes 207

Post: All in one loan / HELOC loan - Jumbo second home

Brian M SweeneyPosted
  • MBA, CFP®, EA
  • Columbus, OH
  • Posts 175
  • Votes 207
Quote from @Kerry Baird:

@Harrison George you were mentioned. @Brian M Sweeney, more information, please. Min FICO? Investment homes in LLC? 5 day approval, and same to close?

 @Kerry Baird send me a DM. Min FICO 620. Yes LLC. 5 day approval, 5 day close.

Post: All in one loan / HELOC loan - Jumbo second home

Brian M SweeneyPosted
  • MBA, CFP®, EA
  • Columbus, OH
  • Posts 175
  • Votes 207
Quote from @Dan Schleichter:
Quote from @Brian M Sweeney:

We actually have these HELOC"s now on investment or second homes. 5 days approvals.


 What is the limit?   I would need a 3.5 million line, that easily covers a 70/30 ltv

This can be done. Assuming the desktop appraisal checks out

Post: Refinance rate 10.5%?

Brian M SweeneyPosted
  • MBA, CFP®, EA
  • Columbus, OH
  • Posts 175
  • Votes 207

10.5% is way too high. You can get better than that on a refi right now.

Post: All in one loan / HELOC loan - Jumbo second home

Brian M SweeneyPosted
  • MBA, CFP®, EA
  • Columbus, OH
  • Posts 175
  • Votes 207

We actually have these HELOC"s now on investment or second homes. 5 days approvals.

Post: Self Employed Lending Options

Brian M SweeneyPosted
  • MBA, CFP®, EA
  • Columbus, OH
  • Posts 175
  • Votes 207

You have lots of options when it comes to lending nowadays. Nothing fits into a box anymore with all the programs available for different types of income and properties. Talk to a mortgage broker & learn more about what available to your situation. If have some contacts in the York/Philly area if you need one. 

Post: creative financing advice?

Brian M SweeneyPosted
  • MBA, CFP®, EA
  • Columbus, OH
  • Posts 175
  • Votes 207

What's up Justin. There are many lending opportunities for people like yourself. There are also property specific cash flow loans available. Everyone situation is different so it's important get with someone who can look at your whole picture.