REI WEALTH MONTHLY issue39 | Page 23

FIRE YOUR REAL ESTATE BANKER ! MARK WILLIS
But instead of fear and instead of begging a banker to lend you his umbrella , you ’ ve established yourself as your own source of capital , using the cash value in your properly designed life insurance policy . You ’ re in control . When you see the real estate values crashing , instead of fear , you see opportunity . You borrow from your own policy ’ s cash , and within 3­5 days your policy ’ s cash value is direct deposited into your bank account and you ’ ve got cash at closing . No tax obligations , no government red tape . You are in control .
With this kind of leverage , the kind of leverage you own , you can borrow from your policy and still have it earning interest as if you did not take the loan . You read that right . That ’ s a rare feature often misunderstood and overlooked by most insurance agents . And when it ' s properly implemented into a policy , you overcome the biggest hurdle in the financial universe ­ opportunity cost , and giving you uninterrupted compound growth ­ what has been referred to as the 8th Wonder of the World . You can pay your policy back on your own terms , when and if you choose . Do you think that will make you more or less competitive as an investor ? Could this help you with more than just investing ? How about buying the stuff of life ­ cars , medical expenses , paying off debt … which financial situation would it NOT make sense to be the banker ?
The only thing better than being debt free is to be the banker . Then you ’ re the one lending the umbrellas !
There ’ s more to this than just picking up the phone to call your local insurance guy . Most insurance agents ( and certainly most Wall Street brokers ) have neverheard of this strategy , and you don ’ t want to put your money with an “ I ’ ll just Google it ” advisor . If you ’ d like to talk to someone who has been specially trained and authorized to specifically design a Bank on Yourself policy as described above , please contact us at hello @ lakegrowth . com or call us at 1­800­962­9141 .