Cash out rentals to invest in the markets ?

[Another Reader]

Yes and regarding Calmoki's post. Back in '06 and '07 DW and I made note of the number of cranes on high rises in SE FLA. We promptly paid off our HELOC and mortgages. By 2010 the HELOC was cut in half and many of the small business owners I dealt with had their line of credit pulled. 40 year businesses down the drain. It can happen again.

It will happen again. And I will be buying then. I bought a number of properties in 2010-2012 with cash. Put tenants in immediately. Some had foreclosures but were on time with their other obligations and had stable jobs. Some bought again after their credit scores and savings improved. A couple are gun shy and will rent forever.