Q&A: Is Infinite Banking a Good Strategy for Beginners? – Episode 849

Today’s first caller asked an interesting question about using infinite banking. Is this strategy good for new investors? That’s the first question I’m answering on today’s Q&A episode!

This episode of Investing in Real Estate features three great listener questions on topics like infinite banking, getting funding for a new construction project, and the best places to look for HELOCs. I appreciate your thoughtful questions, and I hope you enjoy this episode!

On this episode you’ll learn:

• What to consider about the infinite banking method.
• Where to look for funding on a new construction investment.
• The best places to look for a HELOC for real estate investing.

What to Consider About the Infinite Banking Method

There are a lot of advocates out there for using the infinite banking method. It’s just not something that I’ve ever personally pursued. I would urge you to do your due diligence before you move forward with this strategy. There is some money upfront to get involved, and you usually have to stay locked into the plan. This doesn’t mean you shouldn’t move forward with infinite banking, but just make sure you know what you’re getting into.

Here are some experts I’ve interviewed in the past on infinite banking:

• Infinite Banking Explained with Patrick Donohoe – Episode 613
• The Infinite Banking Concept Revisited with M.C. Laubscher – Episode 238
• Deep Diving the Infinite Banking Concept with Nate Scott & Holly Reed – Episode 212
• Learning to Invest with Life Insurance: Part 1 – Episode 217
• Learning to Invest with Life Insurance: Part 2 – Interview with Joe McCarrie – Episode 229 

Where to Look for Funding on a New Construction Investment

If I were looking for funding on a new construction deal, the first thing I would do is pick up a copy of Susan Lassiter-Lyons’ book, Getting the Money. She lays out exactly how to attract private money partners and how to package a deal. If you’ve got a great deal, you should certainly be able to find private lenders who want to work with you.

If private money isn’t your style, you could also check out companies like DLP Capital or Jasey Capital Group. You may even want to approach a few local banks to see what they can offer.

The Best Places to Look for a HELOC for Real Estate Investing

Here are my top ideas:

• Dan Kraus at Churchill Mortgage 
• Flagstar Bank 
• Local banks and credit unions
• Shop around at LendingTree

Ask Me a Question at morrisinvest.com/clayton

Episode Resources
Book a Call with Our Team
TommyJohn.com/investing ← Get up to $30 off sitewide plus free shipping!
Infinite Banking Explained with Patrick Donohoe – Episode 613
The Infinite Banking Concept Revisited with M.C. Laubscher – Episode 238
Deep Diving the Infinite Banking Concept with Nate Scott & Holly Reed – Episode 212
Learning to Invest with Life Insurance: Part 1 – Episode 217
Learning to Invest with Life Insurance: Part 2 – Interview with Joe McCarrie – Episode 229 
DLP Capital
Jasey Capital Group 
Dan Kraus at Churchill Mortgage
morrisinvest.com/Clayton
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DISCLAIMER: I am not a financial adviser. I only express my opinion based on my experience. Your experience may be different. These videos are for educational and inspirational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. There is no guarantee of gains or losses on investments.

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