I am also working with this lender and they are requesting lender private mortgage insurance to be wired to them prior to closing. 

Howdy! I have a builder who's starting up here in Oklahoma looking to purchase 97 lots in NW OKC. We've found funding for the construction costs, but not for the actual lots themselves. The construction financing is d...

My financial advisor is boutique and is connecting me to private lenders which sounds promising but who knows their appetite.

Would love to come down to a meetup and get connected:) we primarily flip and do some buy/hold stuff on the side as well as some private lending. 

There is likely a phone number and persons name that will come up, that you can reference, since he is having bills that arrive to the mailbox and packages to the door with his name on them.You could make it a pre-condition to the seller that he allow a background check on the tenant before closing and your offer is contingent on your approval.Neighbors typically know what's going on in the neighborhood and will know who the guy is and if he is a trouble maker.He probably has a car and a private detective can run the plates.And so on.The information is readily available is the knowledge is worth knowing.

We are sandwiched between well known hot spots and its an ideal location for someone who wants to explore the beach life or any of the down-town areas nearby (Los Angeles, Long Beach, Redondo, Manhattan, Southbay Etc), new build with modern amenities, washer/dryer in unit, full sized fridge, dishwasher, professional range cooktop, queen bedroom, full standing shower, large kitchen, full sized couch in the living room, private front patio. 

Private financing How did you add value to the deal?

I would guess many private party deals between people who know each other well may not bother with deposits.

I really appreciate and may contact you in private.

I highlighted some below to help you make your decision.