A policy loan is a loan from the insurance company (or a bank) to the policyholder with the cash value of the policy serving as collateral.

If you borrow money from a friend and grant him a security interest in your asset, you have a real loan to pay back and the security interest merely encumbers your property and is not really an asset protection strategy.3.

The  difference between the heloc and the personal line from that perspective is merely the amount of interest that is deducted on your taxes.

Or is it merely a common misconception propagated by everyone who believes it?

Makes me re-frame my thinking to something like "I need to be free, and in the societal system we live in, that freedom looks like financial freedom." 

I am merely stating the fact that an investor should organize their financials so they can get tax advice and strategy. 

This month is the strangest month in the whole US economic history.CD is now offering 6.0%401k with 60% stock and 40%bond allocation is mere flat this month, if you are 100% bond you're wiped out 15%.10 year yield of 5% is higher than average earning of S&P which is 5.2%Arrived's.com real estate LTR yield is only 2-4%, but median is only a meh 2.5% yield, which is almost close to 3% cap rate.If this condition continues, nobody would like to work and most bank/company would just shutdown.

I am no CPA (so please do not take this as tax advice merely the personal pontifications of a fellow investor), but the new Trump tax laws and the reduction in pricing of cost segregation studies make owning investment real estate so much more valuable.

Seller financing is merely the terms buyer and seller agree to when buyer's consideration is neither all cash or cash plus 3rd party loan(s). 

Bottom line is that the market may be telling you that your note is worth a lot less than you think.BTW, the few times I sold notes when I did not have an investor list, I merely put the note availability information on some investor sites like BP and sold the notes within 30 days.