Using Infinite Banking For Real Estate
Taking a loan from a third-party lender or a hard money lender and using the cash value of your life insurance policy to fund an investment property have distinct differences in terms of process, costs, and implications.
This is a discussion about the pros and cons of infinite banking when buying or selling real estate.
Remember that while there are numerous benefits to capitalizing on your cash value life insurance, it's essential to consider the terms of borrowing against the policy, potential impacts on the policy's performance, and your overall financial strategy. Consulting with a financial advisor who has a comprehensive understanding of your financial situation can help you make informed decisions tailored to your specific needs and goals. In essence, infinite banking transforms the interest dynamic from an expense to an asset, allowing you to harness the power of compound growth and take charge of your financial destiny."
If you have questions of either myself, Karen Peyton or Stephen Olson please reach out:
Karen@WealthyAnswers.com
Stephen.Olson@reliablevaservices.com
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Informations
- Émission
- Publiée30 août 2023 à 15:11 UTC
- Durée33 min
- ClassificationTous publics