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4 June 2024 | 221 replies
I recently came across an INDEXED UNIVERSAL LIFE INSURANCE POLICY as far as i understand it, just recently became available to the general public (used to only be available for the already wealthy) that I purchased for myself through a business so its a tax write off. its Indexd meaning it goes up when the market goes up but stays even when the market goes down, (no losses in value)sure it might "only make" about 6-7% and you could potentially make more money in another investmet, but along with the Death Benefit there are also Living Benefits, for illness or injury, which is a great hedge in an event someone become incapacitated in any way their family is still taken care of financially. thats the "isnurance" part of it that pays out "incase"after I think 1-2 years of "loading it" it becomes very Liquid ..you can become your own personal Bank and borrow your investment from yourself, you`ll have to pay it back to yourself, but you again get the interest write off.at the end of your retirement when you end up taking out your money out as "loan to yourself" instead of a draw so it not Taxed as income , essentially "Tax Free" I also understand that banks when lending also count your insurance policys cash value as an asset.which could help with loans from themI was really impressed with how it was presented and was so far one of the best "off the shelf" retirement investment vehicles (compared to say a Roth IRA) im sure i left a few things out but thats how i understand an indexed universal life insurance policyyou can also "load it" pretty heavily evey year compared something like a Roth Ira which only allows you to load a max of 6k a year?
31 May 2024 | 7 replies
Chris, your company and website are truly impressive.
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31 May 2024 | 25 replies
Although some may say this is impressive, I feel so far behind.
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1 June 2024 | 48 replies
Yes, as aforementioned, I've reviewed many of the Guru's courses and got this impression.
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29 May 2024 | 12 replies
I was under the impression the bridge loan could be your down payment until you can close on the DSCR/conventional mortgage and then the cash refi makes the lender whole on the bridge loan.
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30 May 2024 | 22 replies
My impression is that this is a good deal for the seller, a bad deal for the buyer.
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29 May 2024 | 27 replies
During the second phone consultation, I was given the impression that the team needs 2-3 months to come up with a customized strategy plan.
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31 May 2024 | 33 replies
@Sara Smalls, I am very impressed of your progress from Tom Krol's course in such a short time.
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29 May 2024 | 22 replies
I have been very impressed by their business plan and professionalism.