Some of you might have heard of the term Infinite Banking before. There are the naysayers like Suzy Orman or Dave Ramsey but it is a viable strategy for real estate investing. The strategy is simple, using a whole l...
Do many seasoned investors recommend to tap into your life insurance cash value as a loan to your self to fund a real estate investment? this that a good strategy for someone that has limited liquid cash in the ba...
I have been working with a financial advisor for about a year now and he is strongly suggesting permanent life insurance. I am skeptical about it because I would rather save the money that I would put into the policy ...
Hello, BP Community,If you have a Solo 401K w/ $100K to invest, how would you invest it, or what are you currently investing in with your Solo 401K? I am considering investing in a small rental property and paying cas...
I recently listened to the Millennial Money Podcast where Chris Naugle talks about using a specific type of life insurance policy to "become your own bank" and build a foundation for wealthy building.The idea is that ...
Hey Guys,
For those who are an LP or GP in Real Estate Syndication deals and invest with Post-Tax cash account (not SDIRA etc.) I am curious about what type of funding account that you use. I have outlined the consi...
I have two rental properties in the suburbs of Memphis, TN one has about 18% equity and one has 40% equity. They are both in my wife and my names not in a LLC. I know I need to set up an LLC to protect our other asset...
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 have recently been learning about infinite banking via whole life insurance loan. Is it a great place to start to get funding for my first deal? Any things I need to watch out for or words of advice for that method?
I've heard some intriguing things about EIULs which are basically investment grade life insurance policies that can build up cash value for tax free use later in life.
Does anyone on here have an EIUL policy? If so, ...