I'm looking at IBC and it seems like a really good long play for wealth building. It won't hurt me in the short term to start it, what are your thoughts?
So I purchased a 10-unit building in a small suburb near Dayton, OH. Purchased the property for $600k.
$150k down, $450k mortgage.
4 out of 10 units were empty. The remaining 6 units had below market rents.
I purc...
I was approached with this concept recently. From my understanding, it sounds like you take out a life insurance policy and take out loans against it to fund your deals. I haven't heard it discussed on any of the Podc...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $82,500
brrrr this property. take all money out. and cashflow 900
What made you interested in investi...
I have been looking into Whole life insurance and Infinite banking and it seems very appealing. From what i hear it can be very beneficial "If" the policy is set up correctly. Has anyone out there got any whole life...
So I am interested in getting a multi unit property with my VA loan and renting the units I am not living in.
I am able to find such properties that will cash flow once I move out and offset my costs before hand. Eas...
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?
Greetings -- Thanks much in advance for your consideration. Measuring Cash On Cash returns is a go-to benchmark for me. However, it doesn't seem to make sense in the case of a cash-out refi when there's sufficient e...
When you have a private funder and you are paying cash on your property. How do you calculate the Cash on Cash Return ( annual CF / down-payment)? Its paid off with cash so there is no down payment correct? Also, ...
Anyone got one ? Just got mine. Total BS. lesson learned I should have been present but I live 6 hours away. I knew when they started the LL license they might start pulling this crap. I just spent 7k on new windows ...