Real Estate Investors Utilize Infinite Banking Concept
Whether using this strategy for down payments or entire property purchases, the infinite banking concept enhances the real estate investor’s overall returns.
The concept and reasons for using this concept are highlighted in our blog: Becoming the Bank to Beat the Bank | Palma Financial Services, Inc.
Infinite Banking Concept Additional Benefits
- When real estate investors utilize the infinite banking concept in conjunction with real estate purchases, they create a way to access capital more efficiently, allowing for advantages of additional tax breaks.
- Additionally, the policy dividends provide an added stream of growth that enhances the overall growth of their real estate purchases. As banks and lending institutions have tightened down their lending guidelines, more and more real estate investors have found it hard to continue buying the property.
So, as you learn to create your own private banking system, you are actually creating a continually growing pool of money. This allows you to have access to more capital, and therefore the ability to acquire more real estate.
Whole Life Insurance Used To Maximize Benefits …
… through the Infinite Banking concept for your real estate business. A correctly structured whole life insurance policy is key though. When properly structured, whole life insurance has particular characteristics not found in any other financial vehicle. These features allow it to operate more like a banking system than an insurance policy, and enhance your real estate investments.
Some of these benefits include:
- Tax-Free Growth
- No IRS involvement
- Creditor Protection
- Guaranteed Growth
- and no probate
These advantages allow policy cash values to be readily available, and to accumulate quickly. By utilizing whole life as the basis for your banking system, you can redirect traditional finance costs back to yourself, allowing you to be move on to other real estate purchases.
The money problem. Only money left over after paying taxes can be spent. For the average person in the U.S., 34.5% of that sum goes to pay interest alone, to finance car purchases, homes, and various other purchases. This money is gone forever. It is making persons in the banking business wealthy. It can be yours to enrich your life forever–if you get into the banking business [emphasis added]. ~ Nelson Nash, Infinite Banking Concept
Palma Financial Services, Inc. offers our clients the experience and practical know-how so that you can benefit from the Infinite Banking concept in ways that the average real estate investor may not have considered.
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