Asked by Martin, New York County, NY • Thu May 27, 2010
I intend to buy a house in New York county by taking a suitable mortgage though I wont be living in it. Instead, I want to rent it out. Can you please advise me whether it would be prudent? Will the rental income really help me meet out the monthly mortgage payments? What is the present occupancy rates for rental properties in New York county? Thanks for info.
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