When it comes to financing, the options vary based on the type of property:Residential (1-4 units): Financing for residential properties typically includes conventional 30-year fixed debt or interest-only loans.

If your credit score and DTI ration tank due to the loans, but they pull your full credit to see that you have solid history...than really their main concern is...if I give you this refinance are you really going to pay off that other debt or are you going to keep the money and blow it all on black at the roulette table in Atlantic City...so long as you can curb their fears that you aren't going to do this...than you have success.Don't bother talking to Wells Fargo or Bank of America or any of the other big banks...you're going to be looking for smaller community or at best regional banks as well as credit unions who have more flexibility with regards to how they structure their loan terms. 

Another told me that if your criteria is NOT to rent to any applicant who has a debt or rent related court judgement against them, you'll have a hard time filling your rentals.

Agree with @Michael Plaks here.IRC Sec 6049(b)(2) specifically exempts issuing a 1099-INT under IRC Sec 6049 if the debtor is an individual:ExceptionsFor purposes of subsection (a), the term “interest” does not include—6049(b)(2)(A) Interest on any obligation issued by a natural personHowever, this doesn't exempt issuing an informational return for all non-bank and non-bond issuers in all situations. 

Then they can decide if they should let the person out of the owed debt or not. 

If you get in financial trouble you get thrown in debtors prison with little chance of getting out. 

Whether those payments are direct to the debt or flow through a HELOC makes very little difference.

I'm currently a junior in college, looking to invest in multi-family real estate when I graduate. As most students will, I am going to have a decent amount of student loan debt when I graduate. (Probably upwards of 30...

The original owner / tax debtor has 3 years from the date of the recording of the tax title to redeem their property. 

What are you using the proceeds for pay off debt or reinvestment?