Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Alvin Mercer

Alvin Mercer has started 3 posts and replied 24 times.

Post: Seeking non-recourse loan for my self direct ira

Alvin Mercer
Posted
  • Marietta, GA
  • Posts 26
  • Votes 12

@Jeff KlumppAwesome! I will apply soon. 

Post: Seeking non-recourse loan for my self direct ira

Alvin Mercer
Posted
  • Marietta, GA
  • Posts 26
  • Votes 12

@Devin Peterson, Thanks for the resource!

Post: Seeking non-recourse loan for my self direct ira

Alvin Mercer
Posted
  • Marietta, GA
  • Posts 26
  • Votes 12

@Dmitriy Fomichenko, Thanks for the list!  I will definitely look into these.

Post: Seeking non-recourse loan for my self direct ira

Alvin Mercer
Posted
  • Marietta, GA
  • Posts 26
  • Votes 12

Thanks Randy.   I will check them out! 

Post: Seeking non-recourse loan for my self direct ira

Alvin Mercer
Posted
  • Marietta, GA
  • Posts 26
  • Votes 12

I'm looking for non-recourse lending in order to leverage the 100k I have in a self-direct ira. I'd like to buy multiple properties inside of this self direct but am limited with 100k. Lending to my self direct ira owned LLC is tricky because I cannot personally guarantee any loans to it because of self direct rules. Anyone know anyone that will lend non-recourse. I'm a full time investor, 20+ years experience with proven track record. Thanks for your replies!

Post: Anyone have experience with Trust Funding Inc

Alvin Mercer
Posted
  • Marietta, GA
  • Posts 26
  • Votes 12

Yeah I just received some info from them.  All seems to good to be true.

Post: Refinance Land 20% LTV

Alvin Mercer
Posted
  • Marietta, GA
  • Posts 26
  • Votes 12

@ Ryan Fox  I'm looking to either a) Put a truck parking lot on a portion of the land to generate some income or  b) Lease the land to someone else with bright ideas,  Land is zoned industrial.

Post: Refinance Land 20% LTV

Alvin Mercer
Posted
  • Marietta, GA
  • Posts 26
  • Votes 12

Anyone know of a lender who'd refinance land.  I'd like to lower the note payment.  I owe less than 20% of the value.

Post: How Many RE Investors are Engineers?

Alvin Mercer
Posted
  • Marietta, GA
  • Posts 26
  • Votes 12

BS in Electrical Engineering.  Been investing about 19 years(Atlanta,GA).  Fix and Flips, BRRRRs, and also licensed Realtors.  Thinking about getting GC licensed.  (Go Jackets!)

Post: Real Industry Needs Reform

Alvin Mercer
Posted
  • Marietta, GA
  • Posts 26
  • Votes 12

Most Realtors aren't making a fraction of what a lawyer makes.  Those that are have definitely worked to get to that position.  Not sure what insider info you speak of as it relates to Realtors.  Just about anyone can get all of the info a Realtor has.  I did it for several years as an investor before I was licensed.