When you say you can refinance your VA, have you checked at your total allotment for VA loans.

I don't think there is a hard and fast occupancy rule for VA because you get a VA allotment.

Remember that as a serviceman, you get excellent benefits from the VA loan that can be used to house hack and for investment properties as you can use your allotment on more than one property at a time.

Should the debtor be unwilling or unable to pay within the described time allotted, the note holder can foreclosure.Depending on state law foreclosure can be judicial or non judicial.  

The benefit to HELOCs is that you generally have an alloted time period where you are only required to make interest only payments (then it will be amortized after). 

I understand the value in education and mentorship but this is allot of money and I am wanting to start investing in notes.

You VA allotment can cover more than one property so not all of them have to be owner-occupied.Thanks for your post John.

You should first sit down and go over your expectations for the partnership and the roles and time allotted for those.The purchase and management is pretty easy - he handles the purchase and you handle the management.

If their parents allot them $700/month to spend, they'll take a $699/month place over a $499/month place if it's only slightly better.

If the named parties do not come forward within the allotted time of the legal action, usually 28 days after being served, then they will lose their right to claim an interest in the property.