[storborg]

Not to buy a primary residence: to buy a (5th) investment property with bank financing. This is noted in the first few paragraphs of the article.

[jonknee]

Not to do any of that actually, it would be to take equity out of a property that is owned free and clear (just like all the other properties owned by the author):

> I own four properties free and clear. I have no debt.

> Not just any mortgage, but a cash-out refinance of less than six figures on a foreclosure I bought for cash, rehabbed and turned back on the market as a rental.