There were a few years of pain, but then over a period of 3-4 months, I started getting certified letters in the mail requesting I refinance those houses under the HARP program.

They have a Bank Account that was opened 8 days ago.Normally my background check program requires name, DOB, ss#, DL#, and an address.

That is what the gurus sell to get you into their coaching programs, but it is far from reality.

Having said that, yes it is definitely a sales pitch for an expensive program - basically foreplay before you get into bed.  

I would also require to be a certificate holder, this will notify you should the policy ever lapse or terminate for any reason.

Joe, if you are successful at the sheriff's sale, you will be issued a sheriff's certificate of sale.

Account Closed  I do a little of this and I would only deal with someone I can eye ball.and size up.. too many weirdo's and wanna bees on the internet or on bP or linkedin or facebook.I also owned a sizeable HML company and of course we advertised and many times did not meet our borrowers but if they were local we always had them come in.but I had a Accurant program to run them through that would detect fraud and I did that first contact.I have gotten a few loans from lendinghome and they do a back ground check which I think is great.But in general private lending is by non professional lenders known to you.. not people you meet on the internet that's a good way to lose your private money LOL

I am considering starting with a rent to own program as I only have 50k to invest and feel that this might be the best option for me to get started in my investing career.

Can you elaborate more on how the program works?

Yeah the issue is the "re-entitlement," for your father because once the VA loan is paid off there is a process probably through the Arizona VA office to restore that entitlement so the VA program is once again available for his purchase.So depending on his close of escrow date for this new home and when it is or how flexible the seller is then using a refi to conventional and VA for purchase would be possible even with a couple hurdles.I think that is the most efficient path too since VA rates are generally lower than conventional.