Perhaps there is a tipping point on the road to FIRE where the risk of not paying Term Life Insurance Policies anymore and the reward of using that money to further fund your portfolios would be more beneficial... I u...
Hi All,
I am buying a 6 units with owner financing. I suggested to the seller that I am putting 10% down with 5% interest on a amortized of 25 yrs. Ballon payment 7 years. He likes everything but the downpayment. He a...
What other strategies are there when your business partner can't qualify for life Insurance? We have an operating agreement and a buy and sell doc. This is a new partnership and not much equity in our 2 properties to ...
Hello: Can anyone who is familiar or have used Life Insurance Cash Value for Note Investing make a suggestion, source or education material on how? Could I leverage taking a loan (@ decent APR under 5%-6%) on Cash Val...
This question is about Infinite Banking concept. For the tax experts here, when I take a policy loan on life insurance for private lending, how should I structure it to minimize taxes?
Hello everyone! Finishing up my first flip and will come out with about a $35K to $40K profit. I'm looking to invest that money in the smartest way possible so I can continue to fund future investments and hopefully...
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...
...commercial loans:The commercial loan must be secured by one of these four major groups - (1) Multifamily; (2) Office; (3) Retail; (4) Industrial.The property should be either brand new or in pristine condition.The...
Hello BP family. Any thoughts on obtaining mortgage loan insurance? not property insurance, but insurance that would cover the balance of the loan in case you lose your life and you do not want your family to incur th...
Hello BP,My wife and I are in the process of acquiring our second rental property and it's starting to dawn on me that if I should die, there would be a real possibility of my wife and future child could lose the prop...