We have rental property which is currently undergoing some updating and will soon, we hope be rented again. The problem is that it is pretty tied up in loans, a 1st, 2nd and a loc. 1st is at a good rate but 2nd is high, 9.3% and although it hurts to stay with it, it is managable. The problem is the loc which Balloons in November, there's no way we can come up with the money by then and the bank who owns ( a division or entity of the 1st) won't let us refinance through them because it is a rental. There's not enough equity at 75% to absorb all 3 loans. I'm debating as to wheather I should seek legal advice for protection? Any advice on here available?