That implies that all the cash is getting sunk into a new place, which is typically not the case. Typically, I'm only putting 20% of that $500k down on the pro

That implies that all the cash is getting sunk into a new place, which is typically not the case. Typically, I'm only putting 20% of that $500k down on the property. Now, to be fair, that $100k is effectively mothballed unless I pull it out with an equity loan or somesuch, but that's a far cry from freezing $500k.