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Updated almost 4 years ago on . Most recent reply

User Stats

24
Posts
28
Votes
Idris Haroon
  • Investor
  • Dallas, TX
28
Votes |
24
Posts

What do you think about this Infinite Banking strategy???

Idris Haroon
  • Investor
  • Dallas, TX
Posted

So I just became my own bank with my whole life insurance cash value policy. I now have access to over 200K to invest in real estate. Instead of using a chunk of it to purchase one property, what do you think about the strategy to use hard money lenders to purchase properties and I pay the hard money lenders interest payments from my cash value? This way I can invest in multiple properties at the same time. 

What are your thoughts??

Thanks

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