What is the max LTV when doing delayed financing?

[Keith N.]

I want to know what the max LTV allowed is when doing delayed financing.

I had thought that for most lenders it was 75% LTV for SFR and 70% LTV for small multi-family (2-4 unit) properties.

Is this still correct, or has anything changed because of the coronavirus and banks being more strict with lending practices.

For Example: I but a duplex for $100K in cash. I want to immediately take out a mortgage after closing on it in cash. What is the maximum amount I can pull back out of the house when getting a mortgage on it. Is it $70,000 (70% LTV)?