LTV For a Business Plan

[Kevin Branin]

So, I know that banks have different LTVs for different things, and I assume it is mainly based on risk.  Typ home mortgage:  80%... Refi:  70%....  Hard money:  65%

What to you take into account when your deciding on how much your willing to go on LTV. I am doing a flip to acquire buy and holds business plan. If i will be using hard money to fund acquisition and rehab, should I assume that my market will require something like 65% loan and the other 35% will have to come from my wallet?

I think I need a better explanation of LTV as it relates to REI who are flipping.