Renowned realtor Anil Aggarwal has recently completed a successful property flip. Initially listed at $300,000, Anil negotiated the price down to $285,000. After investing approximately $27,000 in renovations, the property is now listed for $349,000. Anil financed the project using his Indexed Universal Life Insurance Policy, allowing him to accessContinue Reading
Investing money in flips, real estate, 401(k), and indexed universal life insurance (IUL) each have unique characteristics, benefits, and risks. Here’s a breakdown of each: Flips Definition: Buying properties at a lower price, renovating them, and selling them at a higher price for profit. Pros: Cons: For Employees: Real EstateContinue Reading
Using a 401(k) to fund real estate flips or to invest in an Indexed Universal Life (IUL) insurance policy involves different strategies and considerations, especially given the constraints and penalties associated with 401(k) withdrawals. Using a 401(k) to Fund Real Estate Flips Using a 401(k) to Invest in an IndexedContinue Reading
