$150,000 cash question....help

hi everyone, please advice me of what to do....

here is my financial status at a glance.

i still own $200,000 in home equity line at 4.25% for 6 months. ($1500/mon). $40,000 credit card 0% for 4 months, no other mortgage or car debt.

i am selling my investment properties for $150,000. this house got no mortgage. i will have to pay capital gain on this house since i make a profit unless i buy another house.

1) i found another house for $200,000 which will clear about $750 a month for me. should i buy it but it will put me in another $50k in debt. also, the price is peak.

2) or should i some bond or cd with $150k

3) or should i pay off the debt.

very very confusing of what to do. certainly do NOT want to discuss with my wife cause i know she will say "do whatever you want".

any accounting out there please, ANYBODY PLEASE ADVICE.

Thanks

ericMD