How to Use Infinite Banking with a HELOC

On this podcast episode, we're going to discuss how to use infinite banking with a HELOC. D'Andre Clayton will do another deep dive into the infinite banking concept, Reggie Briscoe will talk about how he used the HELOC strategy in order to pay off 2 houses in 3 years, and I will share how to apply this to your real estate investing business. Check it out!
NOTE: At certain parts of the video, the audio went out. We appreciate your patience.
If you enjoyed this video and want to support me please leave a LIKE, write a comment on this video and Share it with your friends. You can also subscribe to my channel by clicking the following link:
👇🏾 SUBSCRIBE TO JAMEL'S KZbin CHANNEL ASAP 👇🏾
www.youtube.co...
… and click the 🔔 icon to get notifications every time I post new videos!
⬇️ RESOURCES ⬇️
Get More from Jamel Here: linktr.ee/jame...
Who is Jamel Gibbs (The Family Oriented Entrepreneur)?
"I teach real estate investors and entrepreneurs how to create time and freedom. Helping them get from where they are, to where they want to be, through proven real estate investment strategies. At the end of the day, I take the guesswork out of building a successful real estate business, moving you closer to building a life and business you love, for you and your family."
Read Jamel's Full Bio Here: reieducationac...
Follow Jamel:
FaceBook: / thejamelgibbs
Instagram: / jamelgibbs
Twitter: / itsjamelgibbs
KZbin: / jamelgibbs
Linkedin: / jamelgibbs
TikTok: / jamelgibbs
Earnings Disclaimer:
The statements in this email are not to be interpreted as a promise or guarantee of earnings. As with any business, your results will vary and will be based on your desire,
dedication, effort, ability to follow directions, and an infinite number of variables beyond our control.
See full disclosures here: reieducationaca...
========================
Video Produced by:
Rondell Lane - Cinematographer
MediaLanePV.com
#infinitebanking #jamelgibbs #businessandinvestingpodcast #dandreclayton #familybanking #generationalwealth #passiveincome #wholelifeinsurance #taxshelter #reggiebriscoe #HELOC

[@jamelgibbs]

Find off market lists of absentee, pre foreclosures, 40% equity, single family. Get 30% off Propstream: bit.ly/vippropstream

[@munkeybonz589]

I figured this out 20 years ago and i own 5 houses outright through the heloc game.....i did not know about the insurance game....you guys are dead on, best video out there!!!!!!

[@AlexPerez-mp3ps]

Great stuff, absolutely great piece of information and I am grateful for you guys getting together and sharing your knowledge about these strategies! Look forward to learn more and implement strategies!! Thank you

[@visualnary1304]

Thank you so much for this information I'm so glad i came across your video. You guys gave me more depth and understanding on how to smartly use a HELOC. For me my house has already been paid off so the purpose for me getting a HELOC is to debt consolidate which is under 8k. You guys did open my mind up to be possibilities

[@tru6579]

OPPORTUNITY!

[@mondaynightmannawithpamela8148]

Did Mr Briscoe do a line of credit or a cash out?

[@EnchantedAnn]

Opportunity

[@antionnaholmes2775]

“Events”

[@sonjagalyon-kamonika]

I am also a life insurance agent and a proponent of the infinite Banking and home equity line of credit. I have never been more proud. Thank you so much.

[@thenewone3944]

I hate to ask but is there any way we could get a visual? Like a graphic that shows the variables, and amounts of the transactions?

[@jamelgibbs]

Here you go: kzbin.info/www/bejne/oGWnc2CVmNSLsJI

[@FITNESSHUB14]

​@@jamelgibbs

[@cicidy4419]

are you guys based in the US or Canada?

[@2laydbackg708]

So i essentially take $5k buy an insurance policy, a life insurance policy. Then I borrow $2500 from that policy to invest in some assets. While investing the $2500 in assets my $5k is growing from the insurance policy I purchased. Whether it be dividends or gains? How soon does the $2500 have to be paid back. Will I pay a tax penalty for bowing against the policy like a 401k? He’s was talking about it then switched to $50k for a house.

[@ephata1277]

Opportunity

[@shannoncrider6014]

There was one important moment that sort of slid by. The older gentleman said if you have positive cash flow, you just pay that balance right down. Cash flow is the key. You have to have more money coming in than you do going out. If you live above your means, then this will not work efficiently for you. You have to have "free money" every month that would have just sat in your bank account and not being used for something, like a bill or eating out. You have got to be responsible with your money.

[@jmoreno2228]

Glad I came across this, I have roughly 270K in equity in my home. Bought my house back in 2012 for 86K value went up to 330K now. I'm mad I been paying my house for 10 years and only paid off little over 20K so far

[@jamelgibbs]

Thx

[@shunm8247]

205k mortgage loan in 2014. Only a little over 30k paid off smh.house current value 340k

[@amancio2446]

Just got set up with my HELOC to use it as 1st position. Planning to pay off my house in less than 5 years. Got my policy (IBC) during pandemic. Perfect information for what I’m trying to accomplish in the 808!🤙🏽Thank you fellas!

[@iamintractable1805]

The only thing the first position HELOC ensures is emergency liquidity. You actually do not save on interest over paying extra principal to your regular mortgage. Also the HELOC is going to be a much higher rate.

[@sfsfuzzy3597]

You made a big mistake! You put yourself at higher risk and are not saving money at all ! Mortgage interest is calculated just like heloc or any loan it’s not compounded or some crap like these dumb people say !

[@sfsfuzzy3597]

@@iamintractable1805 you are correct higher rate but then again it never saves you money to use a heloc they are always higher rates and it’s must limit variable rate so it can go up !

[@Scott-got-caught]

​@@iamintractable1805do more homework. You've been mis-guided.

[@jerrysanders9101]

@@sfsfuzzy3597you’re wrong know it all dummy- you obviously didn’t watch the video where D’Andre brings ACTUAL numbers of clients on the show to compare- you are so misguided and negative. Good luck in life pal.

[@braidingweavingdivathathai2124]

OMG, mind blowingggg. Knowledge is power..It's people like this I want to be IN THEIR CIRCLE to feed me knowledge daily , so I can spread the word more and more to my millennial family instead of the things I watch them learn and ways they throw away their money, as I once did leaving nothing to show later. I truly thank you gentleman for this learning session. Jamel thank you sooooo much for the knowledge you bring on your platform. It is GREATLY APPRECIATED!!

[@CdotForbes13]

Not new concept, I did this years ago but it only really works if your spread is big enough. You have to be able to absorb in times like this where the Fed pushes up the rates. Everything in your 1st HELOC is based on it + prime. I don't hate the concept just people need to be realistic. The biggest issue in my mind is most of America sees they have access to a lot of money, they spend it on liabilities and then are in a worse position.

[@zr2ee1]

Definitely takes positive cash flow and a healthy financial mindset but can work great if you stick to those principals

[@racheldixon3482]

I absolutely love your video , I’m a real estate investor , and want more , just started to do volocity banking in July , and started a infinant banking policy with 10 percent if my rental income monthly I learned a lot from your video and your simple explanation thank-you I subscribed to learn more and shared and liked it. ❤

[@Aztroboi17]

Can’t wait for part three. Big #opportunity moves. It feels almost illegal to know this. Game changer! Thanks to the guests and Jamel for this.

[@jcruz8323]

I think the content is great, but I think if your going to have 3 people in the room you should have 3 mics. Especially if it’s the person that is giving his testimonial. I could barely hear what he was saying.

[@bjcookie421]

I'm sure there's a lot of good information in this video. However, he wasn't sitting close enough to the microphone for us to be able to hear everything.

[@thatkidog]

sounds like a great way to become financially ruined just borrow more money Robing Paul to pay Peter while betting your house on it how about just live within your means and pay an extra Grand if you could a month on the existing mortgage monthly like I do I only been there 5 years and I'm already more than halfway done

[@nabitherealtour]

I wish they would have given more info for what life insurance companies to go to. Great info though...

[@alejandrodariofilms1470]

Great video but man, you really need another microphone . Or at least point the microphone to whoever is talking pleaseeee. A lot of great info though!!

[@jaimeorozco9122]

i ran in to problems where they don't do heloc on investment properties

[@smalilay]

Brother in the middle needs a mic or talk closer to one. It’s annoying that I have to turn up the volume when he talks then when the other brothers talk it’s too loud

[@aavery20]

Opportunity! Homework: 1) go watch first video- sincerely contemplate and decide on my "Why" 2) rewatch this video- answer questions: -what will I do with this money? (Create a plan) -what is my credit score? (If below 700, plan out how to raise it) -How much money do I want to have access to? -What habits or mindsets to i need to change to be successful with this opportunity? 3) reach out to these men for assistance with the questions from #2 answered. 4) wait for the next video for how it all connects with real estate.

[@dandreclayton7936]

Thank you so much for the support this is a great summation of how to get started on this journey!!

[@gwennettelee]

Wow. He mentioned helping teachers and I was like oh Lord this one is for meeeee.

[@cocoxoxoxo7881]

Ok bc we are poor people for sure!!😢

[@GregCrane77]

You need your guest to speak into a mic. Sound is awful.

[@kaylouis9812]

Great video too bad Reggie is not talking into the microphone!

[@chislyneraphael6611]

Man when I tell you, I love your channel. You are the only person that I've come accross that does not leave any information for the viewers to figure out. That information you just shared for free is worth thousands of dollars. I don't like subscribing to anyone who is not giving relevant information. But you sir got a subscriber out of me!! You are truly God's send. I mean that literally because I've been praying that God helps me pay off my house in two years. I just stumbled on your channel God answered my prayers. You are always upfront with the information you shared. Thank you from the heart. Keep doing what you are doing. Lifting people to financial freedom. My goal is to retire at 50, making $15k per month in passive income.

[@synergy2222]

Need to have your guests be closer to the speaker please. Good info, thank you. And what's up with the background music or sounds? It's distracting. Is it the speaker too close to that one guest?

[@paldavi2876]

Guy needs to get closer to the mike .his low voice is hard to hear

[@dcrespol]

Some of this information is not complete and may be misleading. Just to give two examples: 1) If you move, the HELOC must be closed (I guess there may be exceptions). 2) the interest rate on a HELOC is higher than a regular mortgage, so paying off your mortgage with your HELOC money does not make sense. If it does, please enlighten me; 3) paying off your credit cards with the HELOC makes no sense! If you use your credit card and cannot pay it off without incurring debt, then you are living above your means! Do not use a credit card unless you can pay it off or have an emergency. Finally, those sound effects are out of place and make the video be very cringy.

[@dandreclayton7936]

Hey dcrespol I truly appreciate your contribution to the conversation. Just a few things I hope can provide clarity. Many times when people think about the interest rate on a HELOC and try to compare it to the Mortgage they forget that the mortgage has more components than simply Interest and Principal. For instance the PMI which is required to stay on the loan until 20% has been paid off doesn't contribute towards the interest or the principal. The other factor is they forget that interest is not a monolith. A HELOC is a simple interest tool with NO AMORTIZATION. Whenever you have time please review the truth and lending page and see what the actual interest charge is projected to be over the course of the 30 year loan. In regards to paying off credit card debt with a HELOC that is a bit simpler of a concept being able to centralize the interest of multiple cards that may be charging 19-25% will automatically cause a positive arbitrage and it will get rid of the negative compound interest where the cards charge the interest monthly. Also, mortgage type debt is treated far more favorably than consumer debt. I would love to provide you with realtime information on this though and get your feedback. www.claytonfinancialsolutions.com

[@darylcoston1554]

Wow. The heloc loan is exactly the same strategy I used to pay off my primary home. Next I will focus on my investment properties. This strategy will allow me and my wife to have our homes paid off soon and retire early. Awesome video guys.

[@ikevan3767]

Man you guys are having a conversation that we all need to hear. Continue teaching us. Looking forward to next next video on this subject

[@artkesh7452]

The way whole life insurance makes its money is by retaining the policyholder's cash value when they pass away. For example, if the policy has a $500,000 death benefit and a $100,000 cash value, you might assume the beneficiary would receive $600,000, but in reality, they only receive the death benefit of $500,000.

[@jesham7627]

Whoa!! Talk about recession proof! This is exactly why Jamel Gibbs' channel is my #1 go to for business and investing information! I did not expect this approach at all. The next installment/episode for this collaborative effort of strategies will completely transform my daily situation. As a newbie investor I personally need to know how to approach incorporating the IBC, HELOC and REI methods in unison. Thank you, D'Andre Clayton, Reggie Briscoe and Jamel Gibbs, for sharing your expertise and experiences with us.

[@sfsfuzzy3597]

You have to be really ignorant at math to think this is good ! You keep buying more insurance and then you send them extra money each month just so you can borrow it back to invest??? The reason IRS does not tax this money is because it’s not profit ! It’s the dumbest idea ever! Instead of investing inside insurance policy where if you die you lose it all ( that’s right all you get it face value of the insurance policy) If you had just purchased term insurance and taken the rest of that money and put it into Mutual Funds then you would have three times as much money in 20 years as you will using their insurance investments strategy! Don’t fall for these schemes

[@natanyagaston5731]

I have the same ring tone lmaooo This interview was so eye opening, I had to share this video? Thanks Jamel!

[@andrecannon6522]

Jamel this was just the financial information we need to jump start our possible generational wealth strageties. We certainly appreciate how you're using this platform to educate, add discipline, and financial opportunities to help others.👍👍

[@amancio2446]

Read R. Nelson Nash (The Godfather of IBC), Becoming Your Own Bank. All the information is correct. Start early and don’t be afraid to take the physical. If you don’t qualify, you can own policies on other people. You need to read about the details about that.

[@kimberlyrichardson9869]

This is such a game changer! Thank you so very much!!

[@MsKNHardin]

I have been studying using the HELOC in recent months. I’ve looked into Infinite Banking in the past. Thank you for further clarifying this concept for me in regards to use of the HELOC. #Opportunity

[@theuncleodisshow8545]

First time viewer… Received a great deal of Value with this time I spent with you Gentlemen . Well Done 🙏🏾

[@dandreclayton7936]

Thanks so much I really hope it helps you.😀

[@brianbrunson9095]

Think the one of the main points that may not have been said enough about a HELOC is if you are not good with your finances and have positive cash flow it's definitely not for you!

[@dandreclayton7936]

I absolutely agree with you. Discipline is one of the greatest qualities anyone of us can have.

[@zr2ee1]

I've been on both sides of this and agree 💯. Positive cash flow is a must so if you have a significant life change make sure you set a budget to stay on track

[@coryda]

I have heard of infinite banking and understand the concept somewhat. But if I pull out equity to pay of one of my rental property I am not sure if I can still write off the interest paid on the HELOC or if I can depreciate my rental property either. Maybe it's a better idea to pay of a primary residence since that is usually not depreciated on taxes.

[@alld47hidrohnilougue31]

Can’t hear your guests

[@georgev9569]

Sounds like great information and would have loved to listen to more but when the microphone only works for two out of the three conversations, it’s very hard to keep your interest when I can’t hear the guy talking about the HELOC

[@lashonbey4503]

So what if you own your home already and want a HELOC. HOW DOES THAT WORK WITH REFINANCING?

[@Ra-vi7eu]

The explanations of these strategies always sound scammy. It can work but they never tell you that it's basically just transferring some of your mortgage to a HELOC account, and living below your means so that your extra cash pays down your HELOC balance every month.

[@bonniej0]

I can't get approved for a HELOC when I come off of forbearance until I make 12 months of payments in the meantime the banks trying to close me down and take my house over a lousy $9,000. I owe $90,000 on a $300,000 house

[@GKBraidstudio]

Thank you for this infinite knowledge. ❤ Financial Literacy

[@obenwahkenobib8899]

“We Do Not Support Violence”!

[@jamelgibbs]

💪🏾

[@gregoryambrose6643]

ok...I have a heloc that is worth 48k...it is maxed out..however. I have 15k in cash on hand I can put towards it...can I start this?

[@richardyearwood7570]

Mr. Gibbs, this was great info shared. I appreciate what you are giving in these platforms because it shows there is more than one way to accomplish things, and in your very best interest, not so much the institutions. So many more blessings to come your way. I'm interested in learning a little more about the Heloc strategy Mr. Briscoe applied and want to see how this might be an option to consider. How can I get in contact him?

[@demsr619]

Very helpful video. I currently have a rental property. Where can I reach out for guidance to help get a HELOC going. You guys have very good information. How can I reach out for a mentor to figure a game plan.

[@richvidadh1]

Thank you Jamel, I just seen your this podcast from your channel for the 1st time. I'm looking to get into getting and qualifying for a HELOC and I'm a proponent of infinite banking as well. I own my home outright living in Miami and trying to go about it the right way without getting caught into a lot of scams and traps That could cost me my future and my home. any recommendations on how to find a good lender and also be more educated into the real estate market game as described in your video? thanks brother for your genuinely informative video! 👊 Rich - Miami

[@johnnychampion1]

I can you how to setup an IBC policy using a internal LOC that gets paid back from the death benefit .. No credit needed, premium flexibility.

[@jasonstuck2331]

Any info on what banks, lenders, credit unions will structure their HELOC's like this. In my experience most will not and it is extremely hard to find one that will. I know it works and believe in the system but need to find a lender that will structure it properly. Any help would be great. Thanks,

[@k.johnson2120]

Sir, I’m presently engaged in acquiring a first lien heloc and I’m interested in also starting a mutual life insurance policy

[@greymatter2493]

Please do homework before doing any of this! If you new to finance this can hurt you more than help. Although if you do understand it it completely it is helpful. Don’t loose your assets following others. I gave it a thumbs up because I support my community but this wasn’t delivered that well js. Let the guest speak.. that’s why they are there 🤦🏾‍♂️.

[@chrissimmons1422]

The family get the benefits from the policy when you die. But what happens to that cash that was growing??

[@wealthNmotion]

On the HELOC the money goes hard (no longer revolving) after so many years where you have to pay what you owe completely off. In order for you to pull off paying off two properties we need to discuss the dollar amount of equity that was used to create the HELOC. Sounds like there was a significant amount than normal scenarios to execute this strategy.

[@Wildfurry]

Infinite banking with HELOC absolutely not.

[@Unknown-ws3fh]

So what is the terminology we need to use when looking for an insurance policy? Do I say " I would like to purchase an infinite banking insurance policy ? "

[@newgardner]

What’s a quick way for me to increase my credit score so that o can get a HELOC

[@llulu2215]

What is the interest on what you borrow on the life insurance policy

[@edhorn958]

Your audio of your guest is way too low

[@susanmcguinness5611]

Do you suggest any particular mutual life insurance companies and how do we set it up. Scenario like the gentleman said $10k policy. I thought we could not overload it or it becomes a mec (?). How do we present or should we ask our life insurance agents? Please advise and Thank you for spreading knowledge.

[@eglobalenterprises]

I just came across this video for the first time and would love to have a consultation with you guys I feel like I could use the expert help from the team thanks

[@doublevillageman]

Hi Do you use people good credit score to apply loan for investment property. Or recommend me who does.

[@filmboys24]

Can i get the two gentlemans KZbin or social media tags. So much knowledge.

[@robinworkman3621]

Why would you use a heloc with a adjustable rate to pay off a mortgage with a fixed rate.

[@RetrieverTrainingAlone]

Interest rate on HELOC is high > 8% Feb 2023 especially relative to traditional mortgages.

[@dandreclayton7936]

Hey Ms. Skeeter, I noticed you mentioned the interest rate which is often a conversation that many need help wrapping their head around. But if I could provide some help one thing I always bring attention to on the appointment is the Truth Lending Page where it clarifies how much interest the client will pay over the course of the loan. Often times that figure is double or a little more than the Principal. Many don't understand that the rate is far less important than how interest is actually calculated in regards to amortization vs simple interest which a HELOC is. The other variable that adds a significant amount more is the PMI payment which needs to stay on until 20% has been paid off. The PMI although wrapped into your monthly payment does not contribute to the interest nor the Principal this creates a serious drag on the mortgage that also helps the mortgage to stretch to a 30 year loan.

[@zr2ee1]

There are some good calculators to show this, the rate only dictates the monthly payment, time and balance dictate total interest paid. there can be many benefits, no or low fees and closing costs, no PMI, no escrow so 11 months out of the year that money is now helping lower the interest payments.

[@darinl848]

you guys are amazing/awesome. i'd love to see a part these with specifics and scenarios: money coming in to HELOC, paying bills, how much principle is getting paid each month, etc. also, what if a used car is at 10% interest on an amortized loan. can HELOC pay that off to save the interest?

[@jerrysanders9101]

Even I can answer that. Of course. There is no one telling you what you can and cannot spend the heloc $ on. And the max a heloc interest rate can go is 11% although rare that high. Plus, you aren’t restricted by time as these guys explain.. you can pay back as much as you can on heloc and it lowers the amount owed and interest over time as well I believe.

[@Hueyn42]

Bro telling people to use a heloc to pay your bills is almost criminal. I can't trust any of these guys

[@localone1597]

something wrong with your volume. can't hear the guy in the middle.

[@rodneydedeaux5642]

Navy Fed 20 yr LOC 20 yr fixed = 40 term!! ✨️✨️

[@Hueyn42]

If you have 100k you can buy your own home outright.

[@AmandaMuxic]

Can not thank you enough

[@Hawk_37]

Thank you so much, guys! I see that light shining bright. Paying the house off and getting a HELOC to fund my real estate investment business. I had looked at different ideas, but THIS is clever! Lord Jesus be with you!

[@jamelgibbs]

NOTE: At certain parts of the video, the audio went out. We appreciate your patience. ↓ Click the link below to become a subscriber ↓ reieducationacademy.com/KZbin-Subscribe Also, share and leave a comment below.

[@badger1586]

Man... i didn't only clicked that like button, i also smashed that subscribe button.

[@christygray8616]

OPPORTUNITY

[@christygray8616]

This is gold

[@regcampsall5077]

Great Information!!! Thanks for taking the time to do this. I currently have a HELOC that I set up to replace my mortage, and I've paid down over $20,000 in 3 years. Now I just need to set up my insurance policy :)

[@tpenn2]

Jamel, thank you for sharing information about the framework for building wealth. I'm really grateful for running into your videos. Please keep up the good work!

[@jamelgibbs]

Thanks

[@mike125520002000]

Hey fellows, I like how the mortgage is compared to a morgue . Pledge to death

[@christophergill9239]

WOW!!!!! I AM TRIPPING HERE!!!!!!

[@Dssan0905]

Love the concept. thank you for the education. Just a quick question, it was stated that the HELOC interest is much better than a first mortgage in the sense that you pay the overall interest at a faster rate. A HELOC‘s minimum payment is interest only so is the thought behind this concept that you pay extra and at what percentage over the minimum payment? Or do you pay double each month so that you have access to the funds again?

[@luisarevalo8394]

This ^

[@FirasFreajah]

Exactly, because if one were fortunate enough to have locked in ~>3% below HELOC's probably well over 8% today

[@patrickhayden3901]

Neither. Heloc interest needs to be ADB (average daily balance) interest based. Each month interest is determined by the month’s average daily balance. You lower the ADB by throwing your pay checks at the Heloc thus lowering its ADB and subsequently, interest for the month. At the end of the month pull the money out to pay your monthly expenses on the card off. Repeat following month. You can’t do the above with amortized interest in a traditional mortgage. This effects enormous savings on interest in comparison to amortized debt.

[@bigmann434]

I agree with most things the older guy is saying but he said you can use the heloc to pay the bank for as long as you want , you definitely can’t do that, because the heloc requires payment and at some point you will run out of money on it.

[@dandreclayton7936]

Hey Dameon, thanks for the participating in the conversation. I just wanted to provide some clarity, the process Briscoe is using is actually drafting his paycheck directly into his interest only HELOC that is in the first lien position therefore it actually counts as a payment.

[@bigmann434]

Thanks for the response Bro! I’ll have to listen to it again on how he said what he said but that’s definitely something he should have said, I know this strategy very well, I have a few HELOC’S and a All in one loan ( 1st lien HELOC) and I do that strategy with that account! It’s definitely a game changer and blessing🙌🏾🙌🏾🙌🏾

[@dandreclayton7936]

@@bigmann434 Thanks man just wanted to provide clarity and I'm so excited about how well those HELOC's are working for you!!

[@christophergill9239]

Opportunity!! LIKE A MUGG!!

[@workingonit5107]

You have my attention. I am looking for an opportunity 😅

[@christophergill9239]

I would really like to speak with Reggie!

[@bigboibkyln]

How long do you have to wait to loan against the policy.

[@hunterchasemaynard2529]

I am on my way to working this in my own life. Indio California

[@SamMcKinley]

Can I get help con quit claim to buy more property?

[@mondaynightmannawithpamela8148]

Is replacing your mortgage mean cash out?

[@shaquanbrockington2628]

Hi Jamal. How can I get in contact with someone to get started?

[@mlillys28]

I’m not even done with the video and I LOVE IT!!!! I love how he simplified it for everyone. Thank you so much for this video 😁

[@mlillys28]

I cannot like this video enough!!! It is just amazing and I love what they said about the mindset at the end. Don’t do it you don’t have the right mindset and discipline. Hands down one of the best videos I’ve seen on KZbin! I will return to give you an update on my progress in a year 💙

[@jamelgibbs]

Glad you liked it!!

[@dandreclayton7936]

Thanks Mary we're glad it bought you some value!!

[@ty6390]

​@@mlillys28how is it going 1 year later? Any updates to share?

[@evelynochoa6918]

Great info but what is the interest rate on this helock?

[@angelagillispie1759]

Reggie sounds like Denzel Washington 😂

[@filmboys24]

Opportunity. Am i late 😂😂😂😂

[@Mz.Billionaire]

I would like to learn more about this

[@RetirementIncomeAcademy]

Bro I am a Merrill lynch broker insurance is not an investment. Buy term invest thr difference. It’s too costly and never makes those illustrations. I am licenses. Insurance makes 2-4% net and 90% of thr contracts expire worthless. Don’t encourage your followers to lose there money. I turn down $4000 to me $300 month contracts often because term is $50 and Etf makes 10% or buy an annuity growth better if age 45 plus 😊

[@dandreclayton7936]

Thanks for your comment. A few things I'd like to point out about your reasoning is the conversation isn't focused around the rate of return at all, moreso the liquidity and the ability for your money to work in two places at once. While I agree that ETF's have the potential to perform better. There is nothing that stops you from investing with the policy. So you are correct the insurance itself isn't an investment but moreso a vessel for investment. This is particularly important for people who invest in real estate. If a client needed access to money that they had on hand, and due to being overleveraged from a credit perspective would it be wise for an advisor to advise a client to suffer capital gains or income tax to use the money they already have? Once that question is answered the follow-up should be if I access one of my accounts what is the implications on the growth of the account I borrowed from or withdrew from. This is what the conversation is about in this particular show I hope this helps.