If An Owner Finances 50% Could I Get A Bank to Finance the Rest?

[Nick Rutkowski]

Would banks have a problem with financing the other 50%? If they would have an issue, why? Are there lenders aside from banks who would lend with an owner finance deal? 

I'm curious to know if this is possible because I'm talking to an owner willing to finance up to 50% LTV on his portfolio.

[Chris Mason]

Originally posted by @Greg Gaudet:

I suspect that they wouldn't care as long as they're first position and the buyer brings the minimum down payment... so maybe the bank would do 50%, seller carries 30%, and you put 20% down? That's my guess... 

I'd like to ask @Chris Mason for clarification. What are the CLTV limits? Like the general investor loan limit of 80% LTV? Does that mean that banks should be ok with the scenario I just described?

If the loan program in question is capped at 80% CLTV, that means the total of ALL loans cannot exceed 80%. Meaning you'd still have to put 20% down of your money.