Hey guys, Im still deepening my note knowledge and came across partial notes recently. It was from a convo I had with someone, and from my understanding, it almost feels like a JV deal, but Iâm trying to wrap my head around how it really works. Has anyone done a deal like this before?Iâm curious about how it plays out in practice. How does it work if there are junior liens, judgments, or a foreclosure situation? How does the title company fit in? What about BPOs and property valuations, do they handle that differently? And how is servicing typically managed, does the partial buyer step in, or is it more contractual behind the scenes? Would love to hear real world experience and any tips on navigating these deals. Thanks