Feb. 28, 2022

Ep 45: Buy, Borrow, & Die: #1 wealth strategy used by the 1%

Ep 45: Buy, Borrow, & Die: #1 wealth strategy used by the 1%

"Buy, Borrow, and Die" is a popular wealth-building strategy used by billionaires and the super rich to use their stocks, crypto, and real estate as collateral assets.  But the good news is that you can use it too!  Let's break down the...

"Buy, Borrow, and Die" is a popular wealth-building strategy used by billionaires and the super rich to use their stocks, crypto, and real estate as collateral assets.  But the good news is that you can use it too!  Let's break down the strategy, look at numbers in a spreadsheet, and see how you can apply this to your financial life.

We will discuss opportunities, risk, and rewards of using debt to finance your life in exchange of never having to sell any of your assets, which of course selling anything leads to a taxable event.  So does it make sense for you to use this path as well? Join the conversation live or watch later at https://linktr.ee/thehouseofac.

The House of AC is proudly sponsored by Jasmine Mortgage Team

Topics: 

-"Buy, Borrow, & Die": #1 wealth strategy used by the 1%

-The “Buying” Strategy

-The “Borrowing” Strategy - What Millionaires Do

-Example of the Borrowing Strategy

-The “Die” Strategy

-Looking at What You can Qualify For

-Student Loan Debt, Buying Real Estate with Crypto and Closing Thoughts

Check out Alan's book, House FIRE, to blow your mind on how real estate investing FIRE method ('financial independence, retire early') can change your life. 

Join the livestream to ask your questions live or LIKE AND FOLLOW to watch the episodes at the later date.  The House of AC is also available on all podcast platforms as well. https://linktr.ee/thehouseofac

Alan’s info: 

Twitter: https://twitter.com/thehouseofAC

Instagram: https://www.instagram.com/thehouseofac/  

Tiktok: https://www.tiktok.com/@thehouseofac

Linktree: https://linktr.ee/thehouseofac