Episode 198: Infinite Banking: 50 Year Mortgages and Expanding Your System vs. Repaying Loans
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Visit our website:
https://www.thewealthwarehousepodcast.com/
This week on Wealth Warehouse, Dave and Paul kick around the hot “50-year mortgage” idea and why it may help (or hurt) depending on how you think about cash flow and control.
Then they get practical: when you’re practicing IBC, should extra dollars crush a policy loan… or go toward expanding your system? They dig into real-life tradeoffs, how to sequence cash before big expenses, and why capital base should be a priority over quick paydowns.
Becoming Your Own Banker by Nelson Nash:
https://infinitebanking.org/product/becoming-your-own-banker/ref/46/
Episode Highlights:
0:00 - Intro
1:19 - Episode beginning
2:52 - The 50-year mortgage
11:47 - Expanding your system
19:28 - I’ve got a policy loan I’m repaying..
21:06 - Adding new capital
24:02 - As you get more policies
30:46 - Episode wrap-up
ABOUT YOUR HOSTS:
David Befort and Paul Fugere are the hosts of the Wealth Warehouse Podcast. David is the Founder/CEO of Max Performance Financial. He founded the company with the mission of educating people on the truths about money.
David's mission is to show you how you can control your own money, earn guarantees, grow it tax-free, and maintain penalty-free access to it to leverage for opportunities that will provide passive income for the rest of your life.
Paul, on the other hand, is an Active Duty U.S. Army officer who graduated from Norwich University in 2002 with a B.A. in History and again in 2012 with a M.A. in Diplomacy and International Terrorism. Paul met his wife Tammy at Norwich.
As a family, they enjoy boating, traveling, sports, hunting, automobiles, and are self-proclaimed food people.
Visit our website:
https://www.thewealthwarehousepodcast.com/
Catch up with David and Paul, visit the links below!
Website:
https://infinitebanking.org/agents/Fugere494
https://infinitebanking.org/agents/Befort399
LinkedIn:
https://www.linkedin.com/in/david-a-befort-jr-09663972/
https://www.linkedin.com/in/paul-fugere-762021b0/
Email:
davidandpaul@theibcguys.com