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...
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...
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...
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 ...