down payment on loan or asking price?

[Adrien Gonzales]

so i’m trying to purchase a rental property for the asking price of $230,000 and i currently have $62,100 laying around and need a loan of $167,900. i have reached out to multiple lenders and investors and they want me to put down 25% - 30%. my question is are they asking me to put down the 25% - 30% down on the asking price of $230,000? which would be $57,500 (25%) - $69,000 (30%)... or the loan amount that i need which would be $167,900 - 25% ($41,975) - 30% ($50,370)???

obviously i hope they mean on the loan amount i’m asking for ($167,900)

thank you in advance :)