I had a savvy business client who likes to buy, fix, and flip large apartment complexes and strip malls.
A few years ago, he needed a million dollars as earnest money to secure a multimillion-dollar apartment complex.
He wanted to borrow the money tax-free from his IUL, and chose to go with a Zero Wash Loan, which at the time was at 5% interest.
Why choose the Zero Wash Loan?
The million dollars collateralizing his loan was still in the policy earning the indexed rate, which happened to be 25% that year. That earned him $250,000 in interest, far outweighing the 5% cost of the loan.
This is the power of using a properly structured, max-funded IUL. It allows you to keep your money working for you even when you borrow against it.
To learn more about how IUL can benefit your business strategies, get a FREE copy of “The LASER Fund.”
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