Infinite Banking Concept: A Detailed Look with Sarry Ibrahim

Sarry Ibrahim is a financial planner and member of the Bank On Yourself Organization. He helps real estate investors, business owners, and full-time employees grow safe and predictable wealth regardless of market conditions using a financial strategy that has been around for over 160years. Sarry started this journey when he was in grad school completing his MBA. He worked for companies like Allstate, Blue Cross Blue Shield, Cigna Healthspring, and Humana before founding Financial Asset Protection, a financial services firm that focuses on one sole concept; the Bank On Yourself Concept, also known as the Infinite Banking Concept.In this episode, Sarry goes in-depth on the infinite banking concept, how it works, and how you can use it to your advantage as an investor. Sarry talks about why the infinite banking concept is a long-term strategy and tells us when the concept works well and how to know if it’s the right strategy for you. Listen in![00:01 – 02:27] Opening SegmentWelcoming Sarry to the showSarry shares his backgroundHow he learned about the infinite banking concept[02:28 – 10:56] The Infinite Banking ConceptWhat is infinite banking?Its uses and advantagesWhy infinite banking is a long-term strategyCoupling the infinite banking concept with commercial real estate investingHow it worksTax benefits[10:57 – 15:59] Using Infinite Banking to Your AdvantageWhere infinite banking will work wellInvestment typesTax objectivesInstances when infinite banking is not the right fitSarry on the state of the current real estate market[16:00 – 21:16] Closing SegmentBest practices in financeIt’s who, not howSarry’s definition of financial freedomHow you can connect with SarryClosing wordsTweetable Quotes“Real estate, obviously, is a little bit tricky because of the spike in market values. But at the same time, I think that there are still opportunities in different spaces, [like] commercial, self-storage, and so many different things. That's why I'm a fan of diversifying with different syndications and different private equity firms that can do different things.” - Sarry Ibrahim “It's really important to guarantee your ability to borrow against an asset that'll increase in value, even when you borrow against it.” - Sarry Ibrahim------------------------------------------------------------------------------------------Connect with Sarry:LinkedIn: https://www.linkedin.com/in/sarry-ibrahim-mba-ltcp-bank-on-you/Website: https://finassetprotection.com/Connect with me:LinkedInLIKE, SUBSCRIBE, AND LEAVE US  A REVIEW on Apple Podcasts, Spotify, Google Podcasts, or whatever platform you listen on. Thank you for tuning in and Stay Tuned for the Next Episode COMING SOON! Hosted on Acast. See acast.com/privacy for more information.