Rent vs Buy in Queens County : Questions & Answers

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Anna M Brocco, Real Estate Pro in Williston Park, NY
Anna M Brocco answered:
Rent to Own apartment
Rent to own apartments in the area are rare; keep in mind that if interested in co-ops, each board does have their own financial requirements that must be met in order to be approved. A ... more
0 votes Share Flag Wed Sep 26, 2012 Rent vs Buy in Queens
Mcd827, Home Seller in Oakland Gardens, Que...
Mcd827 answered:
Graduate student in Long Island - Rent vs. Buy in NYC?
You are right about buying vs renting. I have a beautiful updated co op for sale. My husband is a home improvement contractor and did everything himself. We absolutely love living he ... more
0 votes Share Flag Fri Jun 29, 2012 Rent vs Buy in Astoria
Antolin Du B…, Real Estate Pro in New York, NY
Antolin Du Bois, CFP® answered:
What is the criteria for renting a single family home?
As a landlord, what I care the most about is that you have the money to pay the rent.

Antolin Du Bois, CFP®
Certified Financial Planner
President, RichFaith Inc.
347-828-57 ... more
0 votes Share Flag Thu Jun 21, 2012 Rent vs Buy in Queens
Todd Beckel,  in Pinehurst, NC
Todd Beckel answered:
To rent or to buy?
Interest rates now are at an all time low and home prices are low as well. Now is a great time to buy and in many cases buying is more affordable.
0 votes Share Flag Fri Mar 16, 2012 Rent vs Buy in Queens
Anna M Brocco, Real Estate Pro in Williston Park, NY
Anna M Brocco answered:
2 days prior to signing the contract on a condo I was just advised the common charges are going up. Is this common?
The offering plan should have addressed any new upcoming increases, therefore review the document with your attorney; do keep in mind that common charges can and will eventually increas ... more
0 votes Share Flag Sun Nov 20, 2011 Rent vs Buy in Astoria
Linda Santin…,  in Sunnyside, Queens, NY
Linda Santini-Tripodis answered:
Want to sell co op and rent apartment, but cash strapped. See details.
I would suggest that you start looking once the coop sale is in contract and the buyer has a commitment to close and has passed the Coop Board approval. Landlords look at income and cr ... more
0 votes Share Flag Tue Sep 27, 2011 Rent vs Buy in Queens
Dp2, Other/Just Looking in Virginia
Dp2 answered:
Has anyone dealt with "Rent-to-Own" before?
I specialize in acquiring and moving deals with creative financing (eg lease-options [aka rent-to-own], seller financing, etc). The offers are transaction specific. Although you don&# ... more
0 votes Share Flag Wed Jun 15, 2011 Rent vs Buy in Queens
Suzanne MacD…, Real Estate Pro in Morristown, NJ
Suzanne MacDowell answered:
is there a rent vs. buy calculator that considers the investment gain you would make on the money you would instead put down on a house?
Most economists say the rent to buy ratio should be 1:1 or 1:1.5 times. In other words, if it costs $1000 to rent then it should cost no more than $1500 to buy to be a good idea. It ma ... more
1 vote Share Flag Thu May 12, 2011 Rent vs Buy in Long Island City
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