Whole Life Insurance as a Foundation for Real Estate Investing

[Tom Jensen]

I’ve recently come across the concept of “personal banking” through “overfunding” whole life insurance policies and leveraging the cash value to buy assets.

In theory it sounds like a can’t loose situation. You have a savings account tax deferred that always generates growth & yields dividends. You borrow from yourself and pay yourself back.

Has anyone had any experience with this strategy - I’ve only ever heard bad things about insurance, but it sounds like a very smart financial base, especially if you are looking to build a massive real estate portfolio.