"since their names are listed as the DBA and will be included on the Core System, Note, & Deed of Trust as "Jim Bob and Betty Lo DBA J&B Investments"."
I surely hope that you have legal counsel involved in this transaction. Titling notes and deeds in this manner is not normally acceptable. As Kathleen said, if the loan is the GP - what the heck is the name of the GP - It surely is not "Jim Bob and Betty Lo DBA J&B Investments".
_________________________
The opinions expressed here should not be construed to be those of my employer:
PPDocs.com