FIRE YOUR REAL ESTATE BANKER! MARK WILLIS Is there any other way? How can someone who has skill and passion for real estate or their business keep control and a sense of sanity amidst a world gone insane? Is there a way to break free of financial slavery to the banks? Yes, it’s simple. Fire your banker! Where is it written that you have to service your debts and pay off a banker before you can enjoy the fruits of your investment? Who says you have to pay interest on your properties, effectively turning all your real estate assets into liabilities? Where did we get the idea that banks were the only ones who could provide the function of banking in our society? You can be your own source of financing you can rid your financial portfolio of your banker and provide the function of banking yourself. How? The answer may shock you. I’m talking about a modernized form of dividendpaying whole life insurance. It works like a source of capital, a bank, to provide a guaranteed pool of money liquid and available for whatever you need. The funds you accumulate in your life insurance grow safely and predictably every year, guaranteed no matter what’s happening in the stock market. You can use the equity in your policy like a line of credit to yourself and you have complete control over how, when and if you pay your money back to your policy. You are in complete control of the entire process. When most people see the words: whole life insurance, their mind turns off. Mine sure did! I was taught to avoid whole life insurance even in my earliest days as a financial planner. Since then, I’ve come to see how useful and valuable a properly structured, dividendpaying whole life policy can be, when issued from a mutual life insurance company that offers nondirect recognition loans. This vehicle helps my clients overcome the inertia of opportunity cost, accumulate a powerful warchest of capital, and deploy liquid capital for their real estate ventures.