Access the value in your assets, without selling them.
I own a mortgage note
Get cash without selling
I own property in my IRA
Get cash no bank will offer
Own a free-and-clear home in your IRA? Get liquidity no bank will give you.
Non-recourse loans against single-family homes held in self-directed IRAs. No personal guarantee. Property stays in your IRA.
How it works
From inquiry to funding, we keep it simple. Your property stays in your IRA the entire time.
Step 1
Tell us about your property
Fill out our short form with your property details, IRA custodian, and how much you'd like to access.
Step 2
We verify eligibility
We review the property, confirm it's free and clear in your IRA, and prepare your terms.
Step 3
Review with your custodian
Your IRA custodian reviews and signs off on the loan. We coordinate directly with them.
Step 4
Funds wired to your IRA
Once everything is in order, funds are wired directly to your IRA. No personal guarantee, no recourse.
Simple, honest pricing. No hidden fees.
Here's exactly what it costs.
Based on property value
3 or 5 year balloon
Non-recourse
Your IRA-held property secures the loan. Non-recourse means only the property is at risk, not you personally.
Common questions
Everything you need to know about IRA property loans.
Our Team
Victor Wagner, CPA
Tax Strategy & Compliance
Victor earned his MBA from Baylor University and has been investing in real estate since 1982. His career spans public accounting, real estate ownership, finance, and development. He's a CPA, licensed real estate broker, former mortgage insurance underwriter for banks, licensed mortgage broker, and active mortgage note investor with over $25 million in note originations.
Victor provides note valuations for private investors, including those holding notes inside Self-Directed IRAs. He spent 14 years as a Senior Revenue Agent in the IRS's Large Business & International division. At First Note Capital, he oversees tax strategy and loan structuring to make sure every transaction holds up as a proper debt instrument.
He's also a die-hard Buffalo Bills fan. We don't hold that against him. With over 40 years in real estate, Victor stays active in local exchange groups and REIAs, where he teaches classes on tax strategy and investment structures for note holders and real estate investors.
Alejandro Duque
Strategy & Operations
Alejandro is a University of Florida graduate, licensed real estate broker, and real estate investor. He spent seven years as a Financial Analyst at Google, supporting the ads business and YouTube's content acquisition team, before leaving to focus on real estate full time. He founded a commercial real estate firm focused on value-add multifamily and small bay industrial development in Virginia.
At First Note Capital, Alejandro handles operations and built the company's technology platform, including the website, underwriting engine, and loan management system. His experience structuring real estate transactions led him to private note lending, where he saw an opportunity to serve note holders being undervalued by traditional buyers.
Originally from Colombia and raised in Miami, he also manages a nonprofit school in Colombia that serves 30 children with a daily lunch program feeding over 100 community members.
Claudia Euler
Client Relations
Claudia is the first point of contact for every note holder who reaches out to First Note Capital. She manages client communications, coordinates the proposal process, and makes sure every borrower feels informed and supported from the first conversation through closing. Since launch, she has handled over 100 client interactions across email and document coordination.
With a focus on responsiveness and clarity, Claudia keeps the process moving so nothing falls through the cracks. Whether it's answering questions about your proposal, coordinating document collection, or keeping you updated on next steps, she's on it. Most clients hear back within one business day.
When she's not responding to clients, she's probably organizing something. Her team has learned not to leave their inboxes unattended for too long.
More Than a Lender
We're active real estate counselors and exchangors. Our goal is to build long-term relationships with our clients, not just close a transaction. Even if you're sitting on a non-performing note and aren't sure what to do with it, reach out. We may be able to help, or at the very least point you in the right direction.