By the time I figure this out all offers on table will have been long since received probably, but since it's popped up twice in a row now, it's bound to pop up again.

If you have a loan that's not current and in good standing at present, any financing is probably off the table until you cure. 

What is the best cash offer  i can bring to the table since the owner want his equity and does not want to loose the home either.

However, keep in mind that the difference between the sale price and the loan amount must be brought to the table by you.

An example of this is you have a very traditional dining table set paired with very contemporary bar stools.

@Gordon French currently only interested in Las Cruces. 

I would avoid any upfront fees or applications fees, everything should be paid at closing, so we all have the same incentive to get you to the closing table.

Your leaving money on they table if you can't accommodate this.

It's all run under the table currently and haven't had any problems, but want to formalize this as a business to avoid any hardship down the road.I don't know how I should be protecting myself here.

I can bring great skills and business experience to the table, so we both can grow our business successfully.