Real Estate Investing With Whole Life Insurance

Is using whole life insurance with the And Asset strategy a viable way to invest in real estate? We'll be breaking down this concept and the numbers behind it when utilizing your policy for real estate.
#realestateinvesting #wholelifeinsurance #infinitebanking

The And Asset Channel - @AndAsset
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*This video is for entertainment purposes only and is not financial or legal advice.

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[arthurb]

There's another huge benefit to using this type of life insurance, which is that there are no debt payments on the borrowed funds that count against you during loan qualification. If I used my HELOC to source my down payment on an investment purchase the lender would use the HELOC minimum payments, or perhaps the fully amortizing payments or even the max payment fully-drawn against my global cash flow to see what loan amount I qualify to borrow. Same would be true for any source of cash that is borrowed, technically. However, on your cash value life insurance there are no minimum payments that your lender would use against you for global cash flow. To use their example you would borrow $100, 000 from the LifeCo and you don't have to show the $6, 000 annual interest payment which you would if you borrowed from a HELOC or anywhere else. I can use a conventional bank loan for 65%, use the Life Insurance money for the other 35% and be at 100% combined loan to value because the bank only uses the 65% payment.

[AnthonyBove]

The con being Not tax deductible, am i mistaken that in newer videos you say it is tax deductible assuming you don’t contribute past the ceiling (you used a $50k a year contribution example)

[werepairmobile]

What’s the name of the whole life insurance do you use?

[bradw]

I’m glad you actually talk about the interest rate the insurance company charges. Most infinite bankers completely avoid telling people about the interest you have to pay to the insurance company.

I can do this same thing with a brokerage account. I can borrow against my Schwab account while it stays invested and do the same exact thing.

If you have the kind of money needed to overfund these insurance policies and then borrow the money you can also do this with an unsecured loan or pledged loan at a bank too.

I don’t understand (other than the insurance commissions you earn when you sell a policy) why this is so much more amazing than doing it one of the other ways.

[theforce]

Wait, the interest compounds when you don't pay the loan back to the life insurance?

[CarterNL]

How can a younger person leverage this with little up front capital to invest.

[ryanjbow]

Where did the $200k cash value come from? That seems important. I could put that in a high yield savings at today's rates and earn 10k per year interest, buy cheap term insurance for the death benefit, sit back and relax (not flipping a house with all the risks involved in that)

[MordecaiWeingarten-cwqg]

My name is Mordecai Weingarten dob12-12-1987. My identity changed to mordechai weingarten. DOB. 11-12-1987 it’s a 50 million dollar life insurance scam

[fredericksalyer]

With all the commision for selling trash policies to suckers lol...