I purchased a 2 bedroom condo (new construction) in Queens couple years ago and got the mortgage at 3%. Based on the current rentals in the area, it appears I can rent it for slightly more than my current mortgage payment is. I might need to relocate next year and wondering what would be the best choice. Renting the unit would allow more time for appreciation, plus my mortgage loan interest is very low based on the current rates.
Any advice?
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source https://www.reddit.com/r/RealEstate/comments/z5dru1/sell_condo_in_queens_nyc_or_rent_it/
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