<prompt> Human: Im in a bit of a bind, here. We have two kids, late teens. My oldest got in some trouble, and weve had to take over his finances and sold a vehicle to pay for some. Hes finally working again and taking responsibility for them, but the damage is done. We are at the point that if I have the smallest glitch in our budget, we cant make it. Our personal debt besides the house is not so bad at less than 15,000. The problem is that we are having a hard time paying the minimum and getting by. We have 2 options that I can see. One is a second mortgage, but Im terrified of the idea of replacing multiple small loans with one large loan. The other is to sell the house, and get the 40,000 in equity to pay off loans and put in the bank. My parents own several rental properties, and have agreed to let us rent for a the same amount as my mortgage payment. The house, like any other house, needs regular maintenance which we cant afford to do. Im afraid that minor problems will become much worse if neglected, and then we will lose the option to sell in that case.Should we sell, and just start over? Can I get some advice and opinions? Thanks in advance.  <response>: When you state there is 40k in equity please keep in mind that unless the market you live in is extremely active you are not as likely to get full price for it. Another consideration is the Realtor fees and closing costs. It s unlikely that you will walk away with the 40k that you are expecting. 