And this state, city and county are ALL still woefully under water with their obligations (i.e. pensions).For far too long, these stupid politicians have simply over promised the fat cat unions more money than what the state can afford to pay. 

Fine leather shoes and the biggest indicator of all ....a big fat billfold in their back pocket !

I'd rather have a fat opportunity fund than deploy all cash against a low rate fixed mortgage in the 4s or even 5s, then scramble to leverage something else when I need the cash. 

And when you use the term check mate, it's going to take something like "I slammed that seller into a contract and I grabbed a big fat check!!!"

(And, the heads of FM and FM should be in PRISON, not collecting fat golden parachutes.)

I thought it could be a good idea to pay off one of my early small loans (or 1031 exchange etc) to free up a loan slot and find a fat expensive property to take its place.

Wholesaling is great but it takes a lot more than a fat marketing budget. 

Lesson: Keep your mouth shut.Allowing their "fat cat" in the lease. 

"A fat purse quickly empties if there be no golden stream to refill it."

Jack the interest rate up for a big fat lender credit that'll cover most or all closing costs.