He could pay off the defaulted loan outright, but if he doesn't go through the rehabilitation program for 10 months then it will remain on his credit score/history. 

I’m trying to learn about specific loan programs available for owner occupied multi family properties.

I took the cheapest program available online and I passed my first try with ease.

If this was in the US and I was a principal in the transaction, and I had some interested contacts I knew, I would just form an LLC with those people and go through the Fannie Mae Small MF Loan program.

Thanks, Mr Kyle.Here is a link:HOMEOWNERSHIP VOUCHERSOverviewThe Housing Choice Voucher (HCV) homeownership program allows families that are assisted under the HCV program to use their voucher to buy a home and receive monthly assistance in meeting homeownership expenses.

I’m not going to spend very much money because I have lost my job due to this virus.I’m still paying for the other program as well. 

My wife is a state employee so we are thinking of the SECU first time home buyers program.

mod=home-pageThe gist is that many mortgage companies since the 2008 recession have been doing a lot of loan modification programs for those behind their payments. 

Virtual Leasing - we have completely transitioned to virtual leasing, using a combination of existing marketing assets (professional property photography, videos, and 360 tours) while rolling out a best practice program for our staff to utilize mobile devices (pads and phones) to create available unit specific tours.

- you going to propose another computer program perform due diligence on a computer program?