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.
What this episode covers
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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