if a commercial lender will loan at 80% ltv, can the other 20% be financed through the owner ? Or does the lender require that the 20% come out of the borrowers pocket?
Thank you in advance for your responses
99 times out of 100 the answer is no. It is possible for the lender to provide 75% and the seller to finance 20% for a CLTV of 95%.
I doubt a seller will carry back 20%. Now it might be possible 10% you and 10% seller.Or 90% LTV and 10% from you.
I can do it