@thebradweismanshow · The Brad Weisman Show
Saved 2026-05-15 · Posted 2026-04-16 · Status: New
Our Guest: @garrettbgunderson
Build generational wealth with a family bank. Finance each other's homes, keeping payments within the family. A smart way to grow wealth across generations. #FamilyFinance #WealthBuilding #RealEstateInvesting #GenerationalWealth #FinancialFreedom #HomeOwnership #SmartMoney #FamilyLegacy
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Comments (15)
What happens if they don’t pay? Or they develop an addiction like alcohol, drugs or gambling? What happens when the spouse wants a divorce and half the value of the home? Etc etc etc 🤔💭
Great, where's the money coming from to start?
Thats my plan, but why charge them interest? Im planning at 0%
I’m my sons bank as well. Will recycle that money back to him eventually. If you can do it, it’s a great way to get your kids a leg up and passive income to you
I got 3 kids so all I need is about 3 mill in cash to buy each one of them a house and I’m all set. Easy peasy
Opportunity cost of the money - use the leverage from the bank and invest your cash in higher returning investments.
Interest is due to risk of people not paying or defaulting. When you do it this way if everything goes as plan it would be great. What happens when your kid can’t pay? You have a divided family.
My husband’s family(3 boys) does a variation of this❤️ They finance all loans. It has been a huge help financially.
So then a divorce happens and 50% of the equity leaves the family bank….
Good Day, may I please ask what the book’s title is? Tx.
Totally discussed this with my kids over the last five years. They can get ahead in this world.
There is a legally required tax rate. No such thing as preferred rate for relatives.
What happens if u die before loan paid and u have 2 other kids?
But you’re financing the easy way out. Unless they can legit qualify, then it’s smart.
What’s the name of the book