To sell or not to sell?

[Ivan Martinez]

Hello, i currently own a home and want to move out, I have a few options but not sure if any are better than the other. home currently has some equity. 

1. sell and buy a cheaper home. 

2. Sell home and move to apartment and invest profit in stocks etc. 

3. refinance home and rent it and apply for a second mortgage to buy another house.. would definitely appreciate any feed back.  

[Danielle Jackson]

@Joe Villeneuve is right. Nobody can answer this without numbers. 

Separately, I am trying to understand how you arrived at including option 2? Are you a trader wanting to capitalize on that expertise? I guess given the other two choices, I'm just trying to understand why you are you potentially considering taking all your equity, giving up home ownership, and investing in equities? Just a lot of unknowns in why/how you included this option.