Henry, when working with distressed debt and modifications for re-performance, 12% is not hard to realize for yield and Dave has this process nailed down from years of experience.

Also remember just because a loan may qualify as being assumable the lender will go through a thorough underwriting process to confirm you meet eligibility for the loan.I have seen a guru teaching people with poor credit to go after these types of loans and it’s unfortunate as many would most likely not qualify.

Enjoy the process, and may your journey lead you to a rewarding and successful outcome!

The borrower's experience is important, but what's more important is the "Hard Asset," Hard money lenders rely on their due diligence process to determine the potential future value, review the renovation plans to get to that value & sometimes even the contractor.  

Should I be prioritizing finding a local expert, or are there tools and strategies I can use to handle this process myself?

A process is far more important. 

@Elias Halvorson, though you didn't answer my question, I do much appreciate your feedback as it helps me to grasp more of the process💯.

They'll be your guide through the process and you'll have no issues.And since we're talking international here's a big shout out to @CoffeeSlutGuam - the most uniquely named coffee bar on the Island of Guam. 

Tenant move out in the middle of eviction process and we are unable to serve him.Any suggestions on how to proceed with money judgement as we cannot locate him to serve him ?

.• Understanding the rehab budget draw process: After you close on a rehab loan, your rehab budget is not handed to you at closing.