<prompt> Human: First post! Husband and I are 26 28, pregnant with our first kids 2 at once!Overview of us financially -- He is an electrical engineer, with decent income, I am a paralegal and part time realtor sell one or two houses a year.. Mostly just use it to invest for us. In theory, we should be great, but we are sitting with 125k in student loans. Creative housing has helped us survive -- we own a condo that we bought 3 years ago at a great price -- owe 81k, market had appreciated significantly, so comps are around 155k. Unfortunately, we only lived there for one year before renting it out so if we sold it, wed owe capital gains. We had always planned on holding it for retirement, and would still prefer to do so. We just bought house 2 a few months ago. It was a short sale that was a major fixer. We were able to get some major work done with cash before moving in took out some walls, replaced flooring throughout, removed that fing popcorn ceiling but while it is livable for us barely, it is far from being able to rent out or really sell. Still needs new kitchen and bath, trim and finishes throughout, ceiling texture. If we sold today, wed probably still come out ahead, but itd be by 5k or 10k, and not the full 70k we could get with the remodeled product. Here is where it gets tricky -- after moving into and burning our cash on remodel, I was moved to part time, so our cash flow dipped significantly. We were still above water, but things got really tight.Then I got pregnant with twins. We are overjoyed, but it means my hours reduced even more pregnancy is fing terrible, and medical bills have begun. We have now maxed out our 5k credit card, which has Husband stressed to no end. We can expect the next 2-5 years to be rough. Daycare for two kids means me working is not cost effective. Husband will be either moving to a higher paying job or picking up a side job to fix the income problem, but we are still left with right now. He proposes: Take out a 401k loan to pay off the credit card just means were paying ourselves 3 instead of paying the credit union 12 and give us 3.5k towards medical bills. I would rather wait until we are in a better position and then take a full HELOC, to handle medical bills, credit card, and the remodel. The monthly payments on 30k HELOC over 15 yrs is not much more than 9k 401k loan over 5 yrs. Ultimately, I know that this is how people get over their heads... The only thing that lets me sleep at night is the equity in the condo. But we cant bring ourselves to sell it if it means a 15k hit for capital gains. It would be cheaper to live there for a year and meet the 25 yr requirement. Any other creative solutions are welcome. tl;dr - OP bought too many houses and got pregnant.  <response>: Do not take any more debt out!No HELOC. No loan against your retirement account.The banks WANT you to do this. They want you AND your kids to be debt slaves.Get rid of the credit card debt first off. It will take time, but the grim reality - even with kids - even with sick kids - is that you are going to have to live within your means.Incurring more debt is not living within your means.All this house speculating is going to leave a mark, so you better start thinking hard about which place you and your kids want to live in for the foreseeable future.Dump the condo if it does not cashflow and you cant live in it over the next 5 years. Do not borrow money to fix your house. you are going to have to physically live in the overextended mess you created. Which you will look back on and say Howd we do that - thank G_d we did that.Chances are you working as a paralegal after birth will still not cover the cost of childcare, so get ready to actually stay home with the kids and create a warm loving home. Plan on moving your parents in too.Most of America is going to revert back to pre-WW2 days when three generations lived under the same roof. That is the only real savings coming your way in the years ahead.My 2 cents on the limited information.Great luck to you and your new family! 