I am curious what anyone in here does when privately lending to individuals...what you do for collateral? (When a handshake just won't suffice) I know what I can do for land flips, house flips, etc. But I am not sure for person-to-person. Thanks in advance for your insights.

Free resource! Download the Wealth Warehouse Policy Loan Calculator, then open it up in your browser for a great way to calculate your true annualized cost. Personally, for every loan we have taken out, we have gotten paid more in dividends than we paid in interest annually (that may not always be the case of course) but it's possible)

Hi all — I wanted to share a tool I've been working on for a while to help me manage my IBC strategy. I built it for myself first. I'm hoping for feedback so I can make it useful for others too — the goal is to make IBC more transparent. Take a look at https://ibctool.app It keeps your policies in one place: cash value, loans, and what you can still borrow. Envelope-style budgeting of your cash value so you can earmark money for a car, a property, reserves, etc. without actually pulling it out of the policy. It also helps you run the PUA ↔ loan cycle for recurring expenses (Nash's new car example): borrow against a category, repay from redirected PUA, refill when the loan is gone, borrow again. And it keeps an eye on the usual policy nuances and footguns — interest about to capitalize, PUA room you're behind on, a rider close to lapsing, that kind of thing. Its currently free to use and I'm looking for feedback, so hop on and let me know what you think. Feel free to post any questions you may have here.

I will miss today's IBC because of a scheduled treatment on Base (Andrews Joint Airforce Base- Maryland). See you next week. My contribution for today is a question. At what point in the life cycle of a Specially Designed Whole Life policy does it become most efficient? My question is probably general because it is likely that each policy is impacted by many factors (age, initial contribution, PUA contribution. . . ). I would say looking at one of my illustrations that seven to eight years would be a good marker. Yes, I am assuming the policy owner requested that all dividends be used to purchase PUAs. Just my question for the community here. Next Week and I will be monitoring resonses.

I’m curious, who creates a promissory note and a payment schedule for each policy loan they take… and who just maintains a habit of paying policy loans back?