Posted by David Butler on January 10, 2001 at 12:32:13:
Yep… sounds like you are missing a whole lot of somethings;-)
Fortunately, there is a lot of discussion about the topic right down below here over the past two months. Whip out your legal pad, open those threads and start taking some notes… I think you’ll find you will be able to give yourself a pretty good FREE mini-seminar on the subject. Also, there was some good discussion on the topic in a recent thread over in the Financing Forum that I think you’ll find very helpful, at: http://www.creonline.com/real-estate-financing/wwwboard6/messages/2888.html
Studying these at your leisure should fill in most of the gaps for you I think, and give you a pretty good picture on how to work with creating notes in your deals.
Hope this helps, and good luck on your deals!
David P. Butler