Business plan question

[Account Closed]

Hello everyone 

I just finished the ultimate beginners guide and thought my business plan would be next step to pave the way to my investment goals, but have a question in the criteria portion 

Criteria - asked to define Ltv. Which I know is loan to value, from what I understand the lower the better to avoid pmi and highest interest rates. however just starting out I would believe my Ltv would be no less than 75% because I want to attain multi family units less than 5, so I would need 25 % down, using a bank loan. I'm getting confused on number I'm trying to explain I want or if my thinking is accurate. 

My background if you haven't noticed is very new, so I appreciate your feedback and patience ahead of time.

Thanks again 

Jared