Question need refi and purchase adviseconsidering putting between 45-70k on my condo on my upside down mortgage to get rid of pmi and then later to refi the lower balance and get renters in there (my loan bal is 220k, neighbors was appraised at 220k recently also) and then putting 100k on a new home for my growing family to get a low mortgage. I can get profit a little rent towards my new mortgage. Just want to be smart about this with the old condo. What do you think/any advice?October 11 2012 - US00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.