Right now seller has given me a signed bank info release form to verify loan numbers.

For very well qualified borrowers (that can fully verify income) and seeking prime HELOC rates and terms I always suggest checking in  with their personal bank or credit union first.

Also, always verify they are insured. 

This is all verifiable info.I am a new investor, being from Albany, I wanted to find something, I still do, but I saw better opportunities a few counties in every direction from Albany, with better appreciation, better ROI, and other factors.

Two of the properties on the market for a loooong time, dont show any sold dates on the mls and appear to have been turned into rentals.To be fair not all his houses took that long to sell, but I notice at least one took longer ... quick crunching of his average dom, looks like 180.8 dom for 14 of the properties that he used in his presentation (he says to verify his information look it up on zillow, I noticed he didn't say, look it up on mls and alalyze the data for real.Thought you might find this info entertaining if nothing else.

Basically, it just verifies that they have an ID. 

Background checks help verify the integrity and track record of the sponsor.

If you don't get any information from his credit/criminal, you can at least verify identity and income.3.

It seems to good to be true and I dont want to give my personal info to just anyone until I can at least verify it. 

Managing contractors and verifying quality of work/timelines can kill a deal.