Ask an attorney of course, but the protection you are after can be achieved by putting the properties in a trust also.

Given point #2, should i offer discount on the balance and get paid reasonable amount? 

Love to see hard work being rewarded and folks achieving financial goals!

Typically, these are pretty balanced to protect both parties.

If you are planning on managing it yourself then I would wait but if you were going to hire a PM company to do it for you then waiting makes no sense IMO as long as the numbers help you achieve your goals.

Basically I question why with the return you have achieved why you would even consider #2. 

Rental income and not appreciation gives me the best confidence of being able to consistentaly achieve both my goal and my why.What is your goal and your why?  

Most hard money will be interest only payments on the full approved balance of the loan whether or not if you have pull the draw funds for repairs.If you have any other questions, post them below so that we can all learn from the answers.

Most hard money will be interest only payments on the full approved balance of the loan whether or not if you have pull the draw funds for repairs.If you have any other questions, post them below so that we can all learn from the answers.

Will this one be eligible for Agency debt or will you be looking for a competitive small balance commercial program to exit the hard money?