https://flic.kr/p/fKub9S Owning Real estate has long been considered a lucrative avenue for wealth creation, but the upfront costs can be a significant barrier for many aspiring business owners and investors. Fortunately, innovative financing options are now available that can make your real estate dreams a reality. In this article, we will explore the benefits and eligibility criteria for 90% Combined Loan-to-Value (CLTV) financing, which requires only a 10% down payment, allowing you to use seller carryback for the rest. 90% CLTV Financing: A Game-Changer for Real Estate Investors and Business Owners Seeking to Own their Property. What is 90% CLTV Financing? Combined Loan-to-Value (CLTV) financing refers to a mortgage or loan option where you can borrow up to 90% of the property's appraised value and or purchase price while providing only a 10% down payment. This financing structure enables business owners and investors to secure properties with a significantly lower initial capital outlay compared to traditional financing methods. Property Location Criteria: For businesses owners and investors looking to take advantage of this financing option, it's crucial to find a property where the seller is willing to carry a 15% to 20% of the down payment called a seller carry second. You will also need to consider the location of the property. Specifically, the property should be situated in an area where the population is 25,000 or more, the crime rate is not considered high and does not have a lot of acreage. These criteria are important factors in ensuring the viability off financing . Property Types and Eligibility: Investment Residential, Apartment, and Mixed-Use Properties (75% CLTV): You can apply 90% CLTV financing to these property types, with a down payment of just 10%. For mixed-use properties, it's important to note that the commercial component must be occupied to qualify for this financing structure. Office, Warehouse, and Other Commercial Properties (70% CLTV): While the financing percentage is slightly lower for these property types (70% CLTV), it still provides a favorable option for acquiring commercial properties with a manageable down payment. Occupancy Requirement: The property must by 80% or more occupied. Business Owner-Occupied Property Requirement: If your business is considering purchasing a property for your business to occupy, there is an additional requirement to be aware of. The business must be in business for at least two years to qualify for 90% CLTV financing. This ensures that the business has a track record of stability and is a good candidate for owner-occupied financing. Conclusion: 90% Combined Loan-to-Value (CLTV) financing, with only a 10% down payment requirement, offers an exciting opportunity for investors and business owners to break into the real estate market with less upfront capital. Call Karen today to discuss your property at 512-358-1511 or you can go here to get started. Karen Schimpf (512) 358-1511 [email protected] www.ApplyCommercialLoans.com Give me a CALL TODAY at 512-358-1511 or get started by filling out this form! | 
