Investing in real estate has become one of the most approachable ways for most individuals who are building a retirement investment to expand beyond their traditional IRA and 401(k) holdings. At the same time, pursuing financial freedom requires a lot of capital or a lot of time, and often both. To get more out of each deal, you need to know how to structure your deals to keep more of your profits while paying out less in overhead like interest. What many long-established investors realize, and many new ones don’t is that a whole life policy can be a great resource for your real estate investment moves.
Borrowing From a Whole Life Policy
Whole life insurance is basically a cash bank that costs a lot of money to set up, in addition to a risk management tool for your household. You can borrow from it as such, which means you have a source of financing that is essentially free to use if you have enough value in it. Once you either resell the property or stabilize it with a tenant, the income can be used to pay back the policy, replenishing the resource for your next deal. The result? You can do more deals while paying less for each one.
Strategizing Your Path to Freedom
Using real estate investing to become financially independent is a matter of reinvesting returns, and the reason this strategy is a multiplying force for your efforts is because every future deal benefits from the cost-efficiency of your current one. As you use your funds from your whole life policy to finance deals, you can build a network of income properties that eventually support you on their own, allowing you to turn your salary into investment capital.
- Get a better return on your whole life investment
- Reach independence faster than with traditional financing
- Use every resource in your investment strategy
- Discover how the wealthy get more out of their assets
More Information About Real Estate Investment for Advanced Investors
As your pool of available capital increases, your real estate investing strategies need to change to make the most of your resources. That means you will probably need some guidance as you get used to the additional resources available through your whole life policy.
If you are interested in learning more about how you can use one of the oldest and most stable investment products to help you speed up your real estate investing strategies, Up Planning Edge is here to help. Contact us today to make an appointment so you can learn more about this investment opportunity.
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