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16 May 2023 | 6 replies
Costs for taking loans are minimal as opposed to the substantial closing costs that can accumulate from obtaining mortgages and home equity lines of credit or other bank financed loans.The proper mutual life insurance company will allow full payment of dividends on the cash value sum regardless of loans taken, and this is a massive advantage over loans guaranteed by other financial products such as 401(k) accounts and IRAs.Furthermore, because this is your policy and you manage it, there is no worry about having loans called or otherwise altered, like they can with bank financing.The simplicity of borrowing and paying back your policy will at a minimum improve the real estate investor’s capability to swiftly capitalize on opportunities, adding the quickness of money to the equation, and opening up new level of freedom and achievement.A common objection is that using cash value life insurance in this way isn’t an effective approach for real property investors because the policy costs money upfront (premium payment) and is therefore too costly.However, this belief is especially absurd in the context of talking about real estate.
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7 June 2023 | 43 replies
I highly doubt your family will be paying for him to live that’s an absurd statement. sure, 100k isn’t what it used to be but 100k is still way more than food stamp recipients, even in 20-30 years.
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13 September 2023 | 46 replies
This is the most absurd thing I've read on here in a long time.
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13 September 2023 | 200 replies
Within a few years, or perhaps overnight, the 80/20 of the absurdities in higher education would be eliminated.
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19 August 2023 | 15 replies
But I’m not going to confirm I own my homes to an automated system or falsely named companies.Want my attention?
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13 May 2019 | 14 replies
That's the main reason why I don't buy 2 homes, when I could do it with 1 (or at least try)2. 3900 sqft houses make terrible rentals.LOL...again you are very quick to have these absurd cutoffs.
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23 August 2020 | 14 replies
It is a strong marketing tool though and frankly can be a false sense of security for the buyer/investor..
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2 October 2023 | 4 replies
Don't pay someone 30%, that's absurd.
22 January 2021 | 10 replies
I would try to qualify if the owners have considered selling or may be Interested in selling before even making an offer or bringing it up; this will likely weed out the false positives and save you time from writing offers that will never go anywhere.
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25 January 2023 | 51 replies
The agent would only be liable if they knowingly said something false which is highly unlikely in most cases like this.