×
Search
Generic filters
Exact matches only
Search
Generic filters
Exact matches only

Investing In Real Estate Podcast

EP182: How to Use Cash Value Whole Life Insurance to Buy Real Estate – Interview with Jimmy Vreeland and Bob Scott

Book a call with our team: https://go.oncehub.com/morrisinvest/?utm_source=MIblog&utm_medium=MIBlog&utm_campaign=MIblog&Source=MIblog

This episode is brought to you by Thumbtack. Visit thumbtack.com to find pros in over 1000 categories to help with your project.

The Infinite Banking Concept allows individuals to create their own banking system using a life insurance policy. This is an excellent strategy for acquiring real estate investments, due to the ease of access to capital, and the ability to invest without restrictions. This method is not at risk to market volatility, and the payback structure is flexible.

Today’s guests have built their vast real estate portfolio by using cash value whole life insurance. Jimmy Vreeland and Bob Scott have partnered together to build a portfolio of over 120 investment properties. Jimmy and Bob are here to share their experience with purchasing real estate from insurance policies, and why they structure their real estate business around lease options. Don’t miss this episode of Investing in Real Estate!

More About This Show

When Jimmy Vreeland and Bob Scott heard M.C. Laubscher discuss the Infinite Banking Concept, their interest piqued. The pair reached out to M.C. and picked his brain about how to get involved with cash value whole life insurance.

Using cash value whole life insurance as a personal bank gives the consumer direct access to liquidity. The funds in the account are not at risk to the banking system or market volatility. Additionally, all funds in the account can be accessed quickly.

Another benefit to this strategy is that the pay back terms can be scheduled in a myriad of ways. The policyholder is in complete control. The funds can be paid back monthly, quarterly, annually, or even deferred until death!

Jimmy and Bob posit that using this strategy has completely changed their investing journey. Now, they own over 120 investment properties together in St. Louis. All of their properties are lease option houses, which mitigates their liability of rehabs, and helps them find individuals who are more qualified than a traditional tenant.

On today’s show, Jimmy and Bob are sharing more details about their investing strategy. We’ll talk about how they structure their deals, and why more people don’t use cash value whole life insurance to buy real estate. It’s all here on episode 182 of Investing in Real Estate!

If you’re ready to begin building a passive income through rental real estate, book a FREE call with our team today. We’re ready to talk about your goals and want to help you learn more about earning legacy wealth for you and your family.

On this episode you’ll learn:

  • How much of your insurance policy can you access?
  • How long does it take to access capital?
  • What is the death benefit?
  • Are their restrictions to what the funds can be used for?
  • What are the benefits to offering lease options?
  • And much more!

Episode Resources
Thumbtack
EP238: The Infinite Banking Concept Revisited – Interview with M.C. Laubscher
Rich Dad’s Cashflow Quadrant by Robert Kiyosaki
Subscribe to Investing in Real Estate on iTunes
Find Your Financial Freedom Number
Subscribe to the Morris Invest YouTube channel

Like Morris Invest on Facebook

Contact Jimmy Vreeland and Bob Scott
Website
YouTube

 The Infinite Banking Concept allows individuals to create their own banking system using a life insurance policy.

Ready To Build Passive Income Through Rental Real Estate?

 

Ready to talk about your goals? We're here to show you the tools and teach you the process to begin earning legacy wealth for you and your family.

Skills

Posted on

July 13, 2017

Submit a Comment

Your email address will not be published. Required fields are marked *