I have bought property in foreign countries.. this was before block chain but its the same basic process other than a notary is more like an attorney than our versions. 

Versions of it have been available for years, just not with this large of a carrot.

@Logan Ellingson Excel, no sense using a paid version  of anything with only one property.

Their credit score is poor from a truck repo that they signed with their ex (they discussed this before I've run the credit check).

@Peter Lohmann most of our tenants will qualify for funds from whatever version of the stimulus gets through congress. 

So my version of being proactive, even before I got this news, was simply talking to my lenders for both properties, and letting them know basically "at this time, I don't foresee a need for forbearance, but the landscape is changing rapidly and I want to know what options I may have if this comes up."

Contractor - any licensed, bonded, insured contractor can do the rehab, but that doesn't mean they know the FHA guidelines, paperwork, payment system, processes, or different versions of the 203k; best to select one with 203k education or 203k experience.

@Bryan Vukelich Congratulations on a great score!

FICO scores no higher than 625.

It’s a “first time” loan favorite because of the 3.5% down and it’s backing by the govt allows new buyers with low credit scores to get a loan.