Few data points :FICO over 780DSCR over 1.25 (some over 1.4)LTV 75% Loan amounts ranging from 56.25K to 200Klooking for PAR loans (no buy down) under 7.75%Thanks Sharon, min DSCR loan is $75k - if you have multiple properties you’re going after you potentially put them into a blanket portfolio loan.

I am actually looking at a potential 3rd property now that would be a rental.  

An obstacle I'm running into with building my portfolio after analyzing a potential deal is the very high property taxes, particularly on properties that have been owned a long time by the previous owner.

Alternatively, you could use the funds to purchase a $250,000 property for rehab, potentially yielding a higher return for equivalent effort.

Number 1, consider going the max amount of $766.550, the reason being your potential rent income will be that much higher. 

The on-paper profitability did not reflect the true potential of the enterprise, and I knew transformative action was needed.

We saw the potential and were their only offer.

How best should I go about presenting him a potential owner finance deal at a fair market value on one of these properties that would be ideal for both of us?

I would be happy to chat sometime about potential ways of getting started.

This includes setting up ownership structures, rights, responsibilities, and contingency plans for potential disputes or changes in the partnership.3.