How do you determine how much life insurance to carry when you form partnerships and does the amount scale up as the partnership grows? Also, who is the beneficiary, the partner or the spouse?
Real Estate Investors usually like this conversation (it helps with flipping)...Let's say you have a Capital account with $250,000 in it and a 25% rate of return on past deals. There are advantages for collateralizing...
My bread winner spouse is dying of cancer. I will inherit his life insurance money. I do not have a “real” job but one that makes some money…not enough to support a family. Docs says he has a year to live. He makes...
I have hit a threshold with my local bank for the amount that I have borrowed. They are now asking for a life insurance policy of $250k with them as the beneficiary.1. Has anyone had any experience with this?2. Ide...
Does anybody know who and where I can get started in buying rental properties with life insurance policies? Are there any recommended insurance companies that can help me with this strategy?
Hello BP Community, I took out a 30 Year Term, $100,000 policy with AAA Life Insurance. Right now I'm paying $36 a month. Presently I'm single, no kids and took out this policy at 31 years old and I've had it for a...
I’m throwing a Hail Mary here...Sorry about the vague post and forgive my lack of memory. There was an episode of bigger pockets where the guest talks about using insurance policies to fund or collateralize loans for ...
If you’ve established a significant wealth to take care of any needs and goals upon your death, would you still pay for term life insurance?
Hey BP,I had this conversation with another RE investor today, and wanted to see what the forums thought. IF you have a larger RE Investment Cash Account ready to go for your next investment, would you rather keep it...
Good afternoon,I have a term life insurance policy with which I’m looking to use as leverage (collateral) to purchase a commercial property. Are there any lenders who are easy to work with using this creative lending ...