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All Forum Posts by: Gaddiel Garza

Gaddiel Garza has started 11 posts and replied 23 times.

Post: Using Self Directed IRA with a Hard Money Loan

Gaddiel GarzaPosted
  • Real Estate Broker
  • Portland, OR
  • Posts 26
  • Votes 2

Hello BP!

I am new to this market and wanted to know if there is anything wrong with using a Hard Money loan and cover the out of pocket with a self directed IRA account. Not sure if its allowed being that the SDI would have to be in a second lien position. Any advice?

Gaddy

Post: Combining Hard Money and Self Directed IRAs in South California

Gaddiel GarzaPosted
  • Real Estate Broker
  • Portland, OR
  • Posts 26
  • Votes 2

Hello BP!

I am new to this market and wanted to know if there is anything wrong with using a Hard Money loan and cover the out of pocket with a self directed IRA account. Not sure if its allowed being that the SDI would have to be in a second lien position. Any advice?

Gaddy

Post: General Contractors in San Diego area

Gaddiel GarzaPosted
  • Real Estate Broker
  • Portland, OR
  • Posts 26
  • Votes 2

Hello BP! I am looking to connect with some investor friendly GC's in the San Diego area. We are looking to start several projects 2 or 3 months from now and need to start talking to some GC's asap. Any recommendations and referrals are greatly appreciated.