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Tom Jensen
  • New to Real Estate
  • New York, NY
51
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14
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Whole Life Insurance as a Foundation for Real Estate Investing

Tom Jensen
  • New to Real Estate
  • New York, NY
Posted Jul 31 2020, 12:41

I’ve recently come across the concept of “personal banking” through “overfunding” whole life insurance policies and leveraging the cash value to buy assets.

In theory it sounds like a can’t loose situation. You have a savings account tax deferred that always generates growth & yields dividends. You borrow from yourself and pay yourself back.

Has anyone had any experience with this strategy - I’ve only ever heard bad things about insurance, but it sounds like a very smart financial base, especially if you are looking to build a massive real estate portfolio.

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