Richard CanfieldPodcast Host and IBC Advisor, Ascendant Financial · Authorized Infinite Banking Practitioner | Author of 4 Books

Real Estate and Infinite Banking

6 Aug 2024 · 1 min

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Richard Canfield bought an investment property with a main house and casita using his life insurance policy. He evaluates real estate by three exit strategies: live in it, rent it out, or flip it. He also uses private lending and teaches his children the family banking concept.

Chapters

I also use my policy to purchase a property down here, an investment, and it's got two houses, house and a casita. When I do real estate, I look at three exit strategies. One, can I live in it? Yes. Can I rent it out? Cool too. Yes. And number three, can I flip it? And so when we bought it, we bought it with that in mind, knowing that those opportunities, those choices are open to us. And then I'm always looking to enhance what I'm doing when it comes to private lending. So. So when I was here last year, we had an opportunity to really look at what's the next steps for our journey in our lives. How do we want to teach our kids to be stand up citizens in this world? Also teaching them about our family banking.