Hey Guys/GirlsMy Name Is Shane, I work at Florida Home Improvement Associates In The Beautiful State Of FloridaI Just Want To Get You A Completely Free Estimate On Impact Windows For Your Property And Also if you Need Roofing Kitchen Resurfacing Or Bathroom (Tub and Sink, The Wet Areas)Please Feel Free To Connect And Contact Me, The Estimate is Completely Free, Nothing To Lose And Its Good For A Complete Year, Price Locked In!

new deck, front entry stairs, new landscaping, removed weed overgrowth, exterminated pests, fixed some siding and roof damage, fixed clogged plumbing, replaced fixtures, improved drainage, added structural posts and reinforced basement joists.What was the outcome?

So- your rehab needs to create 20% equity though improvements.

And in your case a reverse improvement exchange. 

They have really improved, so I'll just hope it stays that way.

This time it's health related with broad shut-downs occurring for indefinite periods and no way to know how long before it improves, like the problems of an economic crisis and hurricane FEMA-type situation combined. 

I am cash poor so I was considering getting a home improvement loan to cover the 9k.

Getting the sellers to pay for some needed improvements with their equity, not price reduction.

One you improve the value you should be able to refinance out to at least 75% Loan to Value (75% of the new value). 

However, some of the $200K is related to small fixes that one would traditionally call repairs if they were not done at the same time as the big ticket renovation improvements: landscaping revamp, hallway paint and carpet, etc.