Infinite Banking with an Actuary - Jack Allweil interview part 2 - First Lien HELOC Strategy
#firstlienheloc #hazeltinellc #velocitybanking Here we continue our interview with Jack Allweil of / @jackallweil5746 , who is an actuary and real estate investor, about velocity banking using a first lien HELOC. We also layer in Infinite Banking with a whole life insurance policy at the end. Get in touch with Jack here: / jack-allweil-fsa-3b1a3318 Brothers on Books podcast: https://brothersonbooks.com/ To learn more, schedule time with us here: https://www.calendly.com/tradfinance Contact us: [email protected] 678-201-1629 / hazeltine-llc ARTICLES/VIDEOS MENTIONED ------------------------------------------------------------------------------------------------------------------ First Lien HELOC explainer: • First Lien HELOC - eliminate your mor... Andy Brown interview (All in One Loan): • All in one Loan - Andy Brown interview Velocity Banking / First Lien HELOC playlist: • First Lien HELOC / Velocity Banking "Becoming your own Banker" by Nelson Nash: https://www.amazon.com/Becoming-Your-... ------------------------------------------------------------------------------------------------------------------ MONEY SAVING IDEAS ------------------------------------------------------------------------------------------------------------------ Velocity Banking with a First Lien HELOC Refinance your mortgage into a first lien HELOC, or buy a house with first lien HELOC to greatly optimize your paydown: https://firstlienheloc.com/how-it-wor... My referral link: https://flhambassador.com/loganhertz/ Costco Insurance Program Switch your home / renters / auto insurance to Costco - I saved hundreds this way: https://www.costco.com/auto-home-insu... Health Sharing Replace your health "insurance" plan with a health sharing plan and save a ton on healthcare – Crowd Health is what I use (my referral link): https://app.joincrowdhealth.com/r/MZEZNO Bank/Credit Card Sign-up Bonuses www.doctorofcredit.com ------------------------------------------------------------------------------------------------------------------ EASILY CREATE HIGH QUALITY VIDEO ------------------------------------------------------------------------------------------------------------------ Descript is what I use to create and edit my videos - use my referral link to sign up: https://get.descript.com/j00u9ni86xht ------------------------------------------------------------------------------------------------------------------ LINKEDIN COACHING ------------------------------------------------------------------------------------------------------------------ Get 200+ prospects and 10+ more weekly sales conversation via Social Sales Link My referral code - FREE membership available: https://social-sales-link.mykajabi.co... ------------------------------------------------------------------------------------------------------------------ Timestamps 0:00 Introduction - What is a HELOC? 2:15 First vs Second Lien HELOC 4:25 Velocity Banking with a First Lien HELOC 10:00 First Lien HELOC structure 15:30 Managing the first lien HELOC 18:00 Qualifying for a first lien HELOC 20:00 Use cases for velocity banking 23:20 Drawbacks to the first lien HELOC 29:15 Underwriting 31:10 Speculating with a first lien HELOC 33:50 Velocity Banking is more than debt payoff 35:10 First Lien HELOCs for investing 36:10 Combining Infinite and Velocity Banking #infinitebanking #infinitebankingconcept #realestate #infinitevelocity
