In this post, I explain the The Double Play from the perspective of a "Magic Checking Account." I utilize the concept of a Magic Checking Account to simply help people more easily understand the flow of cash by taking away the life insurance element which is a complicating variable.
infinite banking real estate
5 posts
Introduction Are you using your life insurance policy’s cash value to invest in real estate? Are you using a policy loan from the insurance company? If so, you need to read this post. Don’t use a policy loan when you leverage the Cash Value of an Infinite Banking policy for […]
Private banking strategies like The Double Play require a maximum over-funded life insurance policy to get the most benefit. Not every "over-funded" policy is funded right up to the legal Maximum (Minimum non-MEC). The best way to know that your policy design is funded right to the minimum non-MEC threshold is to look at the ratio of the cash value to the premium in the first policy year of your Illustration. If it is not 85-90%, then the policy is likely not designed right.
I just had a really fun and great interview as a guest for Jim Froehlich on his Podcast for Patriots show. The link to the podcast is below. Here’s what you’ll learn… We had a fun conversation about my background and military experience prior to college and career. Lots of […]
Last week was a good week for my business. I recruited two new agents. Both of the new agents are experienced real estate investors and hold Life Insurance licenses. I look forward to both of them helping educate real estate investors on how they can put their money to work […]