Stay the Course or Sell??

[Tom S]

I recently divorced. She kept marital home and I kept three rental units. All units generate positive cash flow (about $800/monthly) and I have substantial equity in all of them. Because of support payments to the ex, I am considering selling off and using principle towards my new home. This will help with living expenses. I hate to ponder the tax liability, I have had these properties for 12 years or longer.

Is there a way to avoid the tax through cash out refi? Or, would it be better strategy to hold and use cash flow towards bills as I am doing currently. I realize that it is the worst time to sell and I am leaning toward keeping the properties. Any advice from out there would be greatly appreciated.