EP 622 - Leveraging Bank Lines Of Credit For Higher Returns With Merrill Chandler From Get Fundable
The Note Closers Show Podcast
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Can I Use a Credit Line to Buy Insurance Premium on a Universal Life?
Kevin: If you've got 200 grand as a line of credit, you can take that and put it as 20 down payments after a grand. He says if you spend cold hard cash at 3.5% right now,. cold hard cash and buy a premium on some of these insurance products. And then they have a 10 X factor. So now you're sitting on million or 10 million in insurance policy that you then get to borrow back. That's leveraging the leverage of the leverager. It's an infinite to the infinite to the Infinite.
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