I'm interested in debt instruments and how I can be a fat cat too ;)Please advise.

and people can smell your fat wallet coming from a mile away.

Closing costs is guess would be about $10,000It Thee than writing a big fat check, any other options y'all are familiar with to find the downpayment?

The key is to buy a property with a fat cashflow that more than pays off the HELOC.

The fats cats are on a free ride...............so be prepared for their greed to cause more havok one day when we least expect it. 

I really got my license for the education more than to become a realtor plus I like the fact that any property I buy in the future for 500-600K  I will get a fat commission check!!!! 

With two properties under your belt, I recommend you making sure your next buy is what they call a "fat pitch" ...in other words, one you can knock out of the park...you're young enough to wait for it.  

If I was getting a sure thing and even if that sure thing didn't happen I got fat EM it's a no brainer versus a friend who wants the property but needs a bank to approve with all these conditions.

Appreciate a Big Fat Thumbs Up "Vote" for the post!

Jacked my interest rate up for a big fat lender credit to cover closing costs.Got $8,000 in lender credit.Paid $120/month more, for six months, because of that higher interest rate.Did a VA IRRRL right at the six month mark (lurkers: this is ONLY for VA loans... call 1-800-Marines and serve for 4 years if you want this).Closing costs on the refi were about $2500.So I got $8,000, but was out [ $120 * 6 + $2500 = $3220 ].