Should I take $600k equity out of my house to buy more property?

[Nitin S.]

Hi Gurus,

My primary residence just in last 3 to 4 years has built 600k equity & have 500k on loan with 2.75% for 15yr fixed. Living in Silicon Valley. My question is should I sell this home and buy cheaper property as primary residence little far and use cash to buy more investment properties? This will give me 400K in cash. OR Keep living in it as interest rate is so good and use home equity loan to buy investment properties?  Basically, want to know what you would do if you are in my shoes? Any other advice or planning will be appreciated. Much thanks!

I also have 200k cash(some in stock market) which can be liquidated quickly. 

Please let me know if you have any questions.

Regards!