BiggerPockets

LTV = loan to value. If a lender says they will do an 80% LTV loan, that means the will lend you 80% of the "value". The next question is, "what is the value". On a normal purchase money loan, that is, a loan to purchase a property, the "value" is typically the lower of the appraised value or the purchase price.

Do you mean "ARV"? Not sure what ATV would be in this context. ARV is after repaired value. That's the value the property would be worth after you did some fixup.

A hard money lender might say they would do a 65% LTV loan based on the ARV. That means you would write down a list of repairs you would, then an appraiser would figure out what the property would sell for after those repairs were complete. Then, the lender would loan you 65% of that amount. If that's more than the purchase price, you'll have money to do the rehab.

By the way, all caps is considered shouting. No need to shout.

Oh man! And after I resisted.

Lettuce, Tomato and Vinaigrette

Usually found as salad components in American homes after being brought from France where Vinaigrette is made in large amounts once a week.

Since the turn of the century LTV as we now call it has made it mark in the REW. The Real Estate World started to take notice of the way Banks or Lenders would Loan after eating a properly prepared LTV for lunch.

REWLABWWLM, commonly known as the Real Estate World Lenders And Banks Who Would Lend Money started LMBOTVOTCTRP or as we know it they started Lending Money Based On The Value Or The Collateral Real Property now shorted to LTV and also commonly known as Loan To Value of the property.

Or Jon's answer pretty much sums it up.

Stayed tuned in next week we'll discuss ATV and THBTACKAATV or as we commonly know it as The History Behind The Acronym Commonly Known As All-Terrain Vehicles.

Coming to you from THORATMNS, or we call it ATWC..(At The WataCulah) The Headquarters Of Random Acronyms That Make No Sense, This is Nick Johnson Reporting.....from Channel 4 News. Stay sexy San Diego.