All Forum Posts by: Ronald Pryce

Yes it helps a lot ...it leads me to my last two question.

It’s been 11 months since i got the rental property..I bought the house for 430k.... I currently owe 392k  when renovations is finished it’s projected to be worth 700k to 750k It went from a 2 bed 1 bath to 4 bed  3 bath.

Due to area that it’s in (NYC)   

Would the PMI still be there since it went up in value ?

And 

Would I be able to Take out a heloc out?

Hey guys I’m kind of new to the real estate game... 

I bought my first home and done major renovations to it as far as getting a permit demolition and reconstructing everything from the ground up.

I have three questions:

Do I refinance then rent or rent then refinance?

Will my PMI be removed or can I get it removed?

how soon will I be able to take equity out and buy the next property?