You may or may not have problem installing Linux Mint 17 on VirtualBox depending on the setting of your Virtualbox VM. I had this problem and took me a while to fix it.

Basically, ensure that you set the system memory of your VM to be larger than 512MB, otherwise you might see black screen after booting your VM from the Mint DVD installation.

Once the installation is finished, feel free to reduce the VM’s system memory to 512MB or smaller.