This past April I was able to launch another business called Emafini Mountain Lodge. Emafini Mountain Lodge is a DBHDS-licensed, ARTS-enrolled ASAM Level 3.1 clinically managed low-intensity residential program in Willis, Virginia, serving adult men with substance use disorders, with ASAM Level 2.5 partial hospitalization (outpatient) coming soon. Currently an 8-bed facility we are in the process of adding six more beds, a 75% increase in capacity. What made this possible? A few things. First and foremost, the right mix of people. One partner is the clinical director with 20+ years of experience in this space and has all of the required credentials. The other partner is the driving force behind preparing and expanding the facility's capacity. The last partner, me, was the money. Lots of my friends who practice IBC also do private money lending. In fact, I introduced them to this concept which was completely foreign to all of us at one point not too long ago. Capital attracts opportunity. Experience tells us if an opportunity is safe and worthwhile. This week, the business made the first interest payments to the lenders (all of whom practice IBC) who are earning 12% interest only for 24 months and who will receive an additional 3% exist bonus. We have 8 paying beds, soon to be 14, and then rapidly adding an additional 10 beds by next summer. IBC made this possible. Without good quality capital access, this would have been a dream about what could have been. Also, somebody in our Skool community built this website for us: https://emafini.com

I was playing around with GROK this morning. I know people who have $200k in 529s, and I believe that is x 3 children so actually $600k. Imagine $600k of cash value that could instead be used for any purpose at anytime. In this example the oldest child is in 8th grade so there's years of simply sitting on capital that can only be used for one purpose. Obviously, they enjoyed some serious market growth over the last 13 years but that easily could have been outside of a qualified plan with IBC integration. Luckily, this family knows an astute IBC practictioner who has already developed a solution. If you know someone who is unhappy with the 529 after "rethinking their thinking" send them our way. Have a great week. Paul

What is everyone’s take on when to expand their IBC policies? I know there’s a ton of variables and personal preferences but just curious how folks have thought thru this? Currently have 2 whole life policies (just paid year 3 premiums) and 2 additional convertible term policies (1-1.5 years old) in force. When you’re ready to add a whole policy would you peal off one of your convertible term or take on a new whole life policy (assuming human life value cap still available )? Obviously insurability is always a variable but curious how everyone thinks about this. For context, I’m nearly max’ing my policies now but not 100% but anticipate increasing income in the near term…. Thanks for the insight y’all!

Just finished my second go around with BYOB. Having a hard time wrapping my mind around the figures Nash is utilizing in purchasing your own equipment/financing the needs of life. Don’t get me wrong here. I get that my policy grows uninterrupted in the background. That’s not my hang up. In ‘Equipment Financing, Illustrations 1-5’, I’m not getting his math the second time around. Hypothetical, take out a $40,000 car loan. Just for the sake here, we will say I can get 7% at my credit union for 60 months. A policy loan would be roughly the same for arguement here. My basic understanding would be that from the credit union my payment would be $792/mo. To not steal the peas, I take a policy loan, and pay at least $792 back to my policy. Let’s call it $800. My hang up is this: How does Nash get to these tables (p 54, 59-64?) I’m paying back 7% to the life insurance company on the policy loan. Does this only work if I’m putting MORE than I would pay to my credit union into paying back my policy loan? (Say, $1,000/mo?) What did I miss in my two readings to make the numbers work the way he demonstrates?

Hey all, I'm interested in private lending and looking to get started via loans through my IBC policy. For those currently lending, how did you get into it? Any educational resources or lending communities you'd recommend? Thanks!