This doesn't account for transaction costs and reduction in leverage as you pay down the mortgage which accounts for closer to 2-3% less, so you 12-18%. 

If you read the forums, Jay is on the opposite side of many deals with Norada investors and can personally attest to the successful transactions those investors complete. 

Yes itwill cost you 4 to 7% commission, but you will have more buyers,don’t have to worry about the legal transaction process, and youwill never question if you got top dollar after you sale.I.

Having dual licenses, loan origination and real estate, has got me involved in most parts of the investment transaction.  

How do you navigate the wholesale transaction when buyer is wanting to use traditional financing?

Everyone is transaction based.  

Let’s break this down:The Pros and Cons of SellingPros:Unlock Significant Equity: Selling would give you $500K in cash (less transaction costs), which you could reinvest in multiple properties in higher cash-flow markets.

That may not apply to you, as a financial professional, but I thought I would share the story.Obiously you could re-lever your portfolio to bring the ROE back up, but then you have to place those borrowed funds somewhere that nets a high enough return that the portfolio is ahead, given the drag of the interest and any transaction fees.    

In my mind you MUST have the cash to these mortgages off if your going to engage in these transactions.

It is not a transaction.