The note is a negotiable instrument between you and the bank. 

Many are fans of financial calculators, most folks in finance own the old reliable BA II from Texas Instrument, although there are other brands.

A standard promissory note and mortgage instrument do not usually include a prepayment penalty.

LOL Open escrow with a title co and one of their network attorneys will draft the financial instruments. 

People pay for education all the time.. its not only real estate is many other things. for instance in aviation you can pay extra for the cram course to pass your instrument rating or you can go the slow cheaper mode.

Think of it as 4 notes described in one instrument and secured by one security agreement.

Yes, The LLC typically must disclose the members of the LLC on the filing instruments called the Articles of Incorporation.

The fund and the others like it are focusing on notes and other instruments (i.e., securities).

Those instruments secure the Promissory Note, usually referred to as just "Note".

@Corey Dutton  a loan on Real Estate without a security instrument is  NOT a loan on Real Estate its simply an unsecured loan just like a credit card ..