Infinite Banking Myth: Just Use A HELOC
Myths, Mysteries & Misconceptions #19: Just Use A HELOC
Yikes!
I mean…you could… but…
Who do you want controlling the banking function in your life?
Can you use a HELOC for Infinite Banking? Yes.
Do you own the bank that would *possibly* give that line of credit? No.
Do you earn dividends from the bank that controls HELOC’s? No.
Do you control repayment of loaned funds with a bank? No.
Do you have guaranteed access to capital via a bank loan? No.
I mean, I could go on (and in fact I do as there is a video on this here) but, you get the idea.
There’s more to this misleading idea than at “face value” (pun intended;)
Let’s clear this myth up!
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www.durhamtalents.com
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