– RESCO

05 Feb 2025

How to Invest in Real Estate with a Limited Budget

Real EstateBudget FriendlyÂ , Real Estate Investing, Wealth Building

Real estate has long been a proven path to building wealth, but many assume it’s only for the wealthy. The truth is, you don’t need a massive fortune to get started. With smart strategies and creativity, you can begin investing in real estate on a limited budget. Here’s how: 1. Start with House Hacking House hacking is one of the most accessible ways to start in real estate. The concept is simple: buy a multi-unit property, live in one unit, and rent out the others. The rental income can cover most or all of your mortgage, significantly reducing your housing…

Start Planning Today, and Make This the Year You Achieve Your Dream of Homeownership!

Real Estate TipsDream Home Journey, Homeownership Goals, Real Estate Tips

Owning a home is one of life’s most exciting and rewarding milestones. It represents stability, independence, and a place to truly call your own. But achieving the dream of homeownership doesn’t just happen overnight—it takes careful planning and preparation. The good news? By starting today, you can lay the foundation to make this year the one you finally cross the threshold into your new home. Step 1: Define Your Goals The first step in your homeownership journey is to clearly define what you’re looking for in a home. Consider factors like location, size, and style, as well as proximity to…

What’s Ahead For Mortgage Rates This Week – February 3rd, 2025

Financial ReportsFinancial Report, Jobless Claims, Mortgage Rates

The previous week’s reins were held by the Federal Reserve’s Rate Decision and also the preferred inflation indicator, the PCE Index. With the PCE Index coming in well above the Federal Reserve’s 2% target, it suggests that rate cuts may be postponed much longer this year than initially anticipated. Looking ahead, the upcoming week features the CPI and PPI inflation data reports, making for a busy schedule. However, this week’s reports are relatively limited in terms of significant market impact. The most notable releases include Unemployment Data and U.S. Wages, both of which will complement the inflation data to provide…