Rent or Buy?

New Rochelle, NY ApartmentsbreakCommunity ForumbreakRent or Buy?

  • Jaretpem
    2+ weeks old

    Rent or Buy? I'm moving to New Rochelle for my job. I'm only going to be here for one year. I have never rented an apartment before. I have always owned a house. Should I rent or buy? I'm planning on keeping my house here in Alabama for when my year is up. 

    • FoRealz
      2+ weeks old

      One year and you are asking if you should rent or buy? I think it's a no brainer, you rent for one year and then wash your hands of New Rochelle and be on your way. If you buy, you are locked in for the next 15 or 30 years and if you pay straight cash, you are out a large sum until you can sell it.