This choice changes the situation for the lender into an equity partnership which increases their risk, which deserves a higher reward, in equity, cashflow and sale.In any case the lender should be on title (like a bank would) to secure some or any colateral.I am a multifamily real estate business owner and not a legal expert, therefore any agreement should be drawn up and executed by an attorney specialized in your field.

Isn’t the greates neighborhood of Newark but changing.

The fact that you will be living in it probably changes things somewhat in terms of how much you want it as a home. 

. - Then you need to adjust your expectations or change markets.  

You can use the money when it’s needed, without changing your existing note rate.  

One great thing about real estate investing is that there are many different ways to make a profit and change your life. 

Started a bank account, ein number, changed all the expenses to that account, refinanced property into the LLC etc.I am the registered agent.

The beauty of the option period is that it gives you the unrestricted right to terminate the contract for any reason whatsoever, even if you just change your mind.

If it gets down to pocket change range for the local professionals and they aren't touching it, there's a reason why.

If, B: The seals are bad, replace them because this will then be a selling point, but go for the less expensive option because you have the nicer house on the street... putting more money into making it even more nicerer will be a waste... if that makes sense.Another option would be to say that you're giving the buyer an 8k credit towards windows of their choice (or they can pocket the money if they don't want to change them).