Infinite Banking Myth: Just Use A HELOC episode artwork

EPISODE · Aug 26, 2024 · 18 MIN

Infinite Banking Myth: Just Use A HELOC

from DURHAM TALENTS CHANNEL · host JESSE W DURHAM

Infinite Banking Myth: Just Use A HELOC Myths, Mysteries & Misconceptions #19: Just Use A HELOC Yikes! I mean…you could… but… Who do you want controlling the banking function in your life? Can you use a HELOC for Infinite Banking? Yes. Do you own the bank that would *possibly* give that line of credit? No. Do you earn dividends from the bank that controls HELOC’s? No. Do you control repayment of loaned funds with a bank? No. Do you have guaranteed access to capital via a bank loan? No. I mean, I could go on (and in fact I do as there is a video on this here) but, you get the idea. There’s more to this misleading idea than at “face value” (pun intended;) Let’s clear this myth up! LIVE & LEAVE A LASTING LEGACY If you have any topics you’d like to see covered, if you have any questions concerning this video or another or if you would like to request a webinar meeting to personally discuss how you can practice the Infinite Banking Concept as described in R. Nelson Nash’s book Becoming Your Own Banker, please contact us at: www.durhamtalents.com LIVE & LEAVE A LASTING LEGACY All content on this channel is for informational purposes only. Please contact your own Attorney, Financial Planner, Tax Consultant, or other appropriate professional as necessary.

Infinite Banking Myth: Just Use A HELOC Myths, Mysteries & Misconceptions #19: Just Use A HELOC Yikes! I mean…you could… but… Who do you want controlling the banking function in your life? Can you use a HELOC for Infinite Banking? Yes. Do you own the bank that would *possibly* give that line of credit? No. Do you earn dividends from the bank that controls HELOC’s? No. Do you control repayment of loaned funds with a bank? No. Do you have guaranteed access to capital via a bank loan? No. I mean, I could go on (and in fact I do as there is a video on this here) but, you get the idea. There’s more to this misleading idea than at “face value” (pun intended;) Let’s clear this myth up! LIVE & LEAVE A LASTING LEGACY If you have any topics you’d like to see covered, if you have any questions concerning this video or another or if you would like to request a webinar meeting to personally discuss how you can practice the Infinite Banking Concept as described in R. Nelson Nash’s book Becoming Your Own Banker, please contact us at: www.durhamtalents.com LIVE & LEAVE A LASTING LEGACY All content on this channel is for informational purposes only. Please contact your own Attorney, Financial Planner, Tax Consultant, or other appropriate professional as necessary.

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Infinite Banking Myth: Just Use A HELOC

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Infinite Banking Myth: Just Use A HELOC Myths, Mysteries & Misconceptions #19: Just Use A HELOC Yikes! I mean…you could… but… Who do you want controlling the banking function in your life? Can you use a HELOC for Infinite Banking? Yes. Do you...

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