Antuan C.
Infinite Banking, still a good idea? Evaluate my policy.
Hey folks,I started a Whole Life Insurance policy almost three years ago for the purpose of investing in real estate. Lately, I have been thinking on cancelling my policy and put that money towards maximizing my 401k ...
Alfath Ahmed
Who has used life insurance cash-value to fund down-payment towards a property?
Life Insurance cash-value can be a tremendous way to build generational wealth through their infinite banking concept. I always recommend getting a high-value whole life policy that let's you accumulate cash-value whi...
David Wilhite
Have you ever heard of using IULs to fund your BRRRR?
There is this guy on IG @mr_brrrr and he makes a lot of content talking about using whole life insurance policies to fund a BRRRR strategy. Has anyone ever heard of doing the same thing with Indexed Universal Life ins...
Drew Cameron
Become your own bank
Hi fellow BPers. I stumbled across a book that was mentioned in one of the forums here called "The Wealthy Code" and read it cover to cover really liking the ideas, content and the way it was written. The author wrote...
Ashley C.
Protecting my private lenders
Hi everyone and thanks in advance. Please advise you best to protect my private lenders in case I die or become incapacitated and can't run my business? One post suggested adding the PL to my personal life insurance a...
Garrett Terrell
Infinite Banking & Self Directed IRA's
I've heard this concept thrown around the RE industry a few times, curious to see if anyone has actually done it? I have a lot of capital tied up in properties, has anyone used life insurance policies and self directe...
Alex Polyanskiy
What kind of savings accounts do you use in 2020?
2020 has been a crazy year in terms of savings account interest rates. What bank do you use to keep your reserves?
Kyle Seidel
Can you Write off Life Insurance Interest used for a down payment
Hello, I live in Green Bay full time and recently bought a short term vaca rental condo in Nashville where I have a property management company run it. For me to swing the down payment I took some money out of my life...
Andy Krzanowsky
Investing your Reserves
What are some strategies you guys are using with your reserves?I am starting to realize that having quite a bit of money sitting idle in a checking account is pretty ignorant. This money could be working for me in ano...
Hanam Pham
Life insurance payout of applicant's late spouse as income qualif
I have a prospective tenant that is going to receive a life insurance payout for spouse who has passed. The applicants income alone does not meet income requirements. Income is $5000 and qualification amount is $652...