Last week I met with a local financial adviser. I informed him that I'm a real estate investor, so he suggested Infinite Banking as possible financing option. The infinite banking sounds similar to using $401k or IR...
Hello there, I herd of something called infinite banking and when I looked into it, it basically has to do with life insurance. I was wondering if this is an actual good idea and legit. If anyone has used this to purc...
Hello BPA few weeks ago, I finished reading Becoming Your Own Bank (The Infinite Banking Concept) by R. Nelson Nash. Prior to reading the book I have been pursuing my 1st multi-family apartment deal in the Orange Cou...
I have been listening and reading about this “infinity banking concept” and found it really interesting. Anybody currently using this? Pros and cons?
Hello,
Has anyone incorporated an infinite banking strategy into their personal finance or business? I've done surface research, but was wondering if anyone has found success with it, or any obstacles in its use.
L...
Does anyone use whole life insurance as the infinite banking strategy for their real estate deals? I'm trying to decide whether or not I should use it but there's so many people that say not to. I'm not sure what to do
I'm throwing a question out about how to get started in the infinite banking concept and the ability to leverage one of my properties to get started, does anyone have any experience in doing this? And the other quest...
Just curious if anyone here uses the Infinite Banking concept as a vehicle for holding and using cash for your deals and if so how it has worked for you? Any and all comments from folks who use the concept are apprec...
So I've always tried to avoid these types of posts as I don't want to come on here to beat my chest. Instead, I lurk around and comment if I see a question I can help with. However, the posts I read that are the mos...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $247,000
We purchased this property for the location. We got such a large credit at closing that we got paid 5k...