Refinancing investment property in Las Vegas

[Stanley Spencer Alcorn]

So early this year I purchased my first investment property which was a tripled in Las Vegas. Went through a broker who went through a private bank which I only paid 20 percent Down but I have a high rate. So now I’m looking to refinance into a better rate only problem I think I’m somewhere between 20-24 % Ltv. What would be your guys suggestion, get an appraisal first see how much it’s worth now or wait it out a year then see.