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. 

Yes, it won't be efficient, but you'll have to ask whether efficiency is worth a fat purchase price, unreliability and short life-span.2. if you have a modern furnace, mid-efficiency and high-efficiency are two of the main types.

But what about if they're sitting on a big fat sum of equity they're tempted to spend on a bigger better home?

The person hosting or gathering groups like this usually gets a nice fat cut of the sales of the guru materials.

They were fat, dumb, and happy, while everyone else was losing everything.   

To quote another common saying, pigs get fat and hogs get slaughtered.