Off the top of my head, I remember hearing between 3-5%.

My plan was to pay off the HELOC as soon as I can to free it up for other deals.

. $200 is way off market.

The only idea I have left is to ask my realtor if she can provide me info off the MLS.

I'd say to start with an informal, small gathering, see what the participants are interested in, and then plan the next one based off of their feedback.

Like I said, dumb question but don't know what to do since I can't take an entire day off work.

I kinda agree with @Larry T. there is presently a storefront vacant building right at the corner of where i leave, the store is rented out but the apartment is vacant and it has been like that for at least 2yrs.You also need to be wary of the location, correct me if i am wrong but buildings were there are apartments and stores are technically in D, E locations which could have a lot of issues. this is based on my drive and stay in Rochester NY.Your located in NYC, i think you could take a day or weekend off to come down here and check the neighborhood out.

So we are considering refinancing the house for 128k into a conventional loan which would do three things: drop our interest rate, pay off our debt and get rid of PMI.

This would also have a benefit of having 3+ properties that you could use for vacation during off seasons/empty days while still making you money overall.

It depends if this specific property is on market or off.