All Forum Posts by: Alexander Camacho

Bigger Pockets members,

I am looking for more information on the manual underwriting process.

1. What documents are required to be considered for underwriting?

2. Is this an option for any type of loan or just conventional home loans?

3. How does manual underwriting affect rates?

4. Lenders in the Orlando area with experience underwriting?

Hello everyone,

My wife and I, will be moving to the Orlando area in roughly a year. We want to start our journey in real estate investing once we move. Right now, our focus is cash reserves for two potential options.

1. Single family residence- get the roof over head and then move forward.

2. Multi-Family residence- live in one and rent the other.

For those familiar with the area, what are some expenses we don’t want to overlook regarding these two options?

Down- 20-25%
Closing- 5-10%
Maintenance/Repairs- 10% 

Thank you for the advice!