Infinite Banking what is it? Is it viable?

[Sterling Pompey]

I was approached with this concept recently. From my understanding, it sounds like you take out a life insurance policy and take out loans against it to fund your deals. I haven't heard it discussed on any of the Podcasts so I'm curious as to if anyone in the BP community utilizes this strategy? If so how has it worked out for you? 

Thanks in advance for your insight! 

[Carlos Ptriawan]

Quote from @Sterling Pompey:

I was approached with this concept recently. From my understanding, it sounds like you take out a life insurance policy and take out loans against it to fund your deals. I haven't heard it discussed on any of the Podcasts so I'm curious as to if anyone in the BP community utilizes this strategy? If so how has it worked out for you? 

Thanks in advance for your insight! 

 when it's loaned it's basically a secured line of credit of your own money that you pass it to other entities, they make money by re-investing and hedging your money.

You could literally put your money into a portfolio of divident yield stock and re-hedge it and loan the portfolio if needed.

If you are good managing your own portfolio (of stock/index/ETF) you could do way way better than "infinite" banking.