Both of these metrics are used to measure, or determine risk when financing commercial property or making a commercial mortgage loan.LTVThe loan-to-value ratio, or LTV, is a measure of the relationship between the loan amount and the value of the commercial real estate (collateral).Calculating the LTV helps commercial real estate lenders determine both the qualification of a borrower and the proposed terms of the debt being considered.LTV = Loan Amount / Appraised ValueBe sure to understand that the LTV will be calculated off of the appraised (market) value of the asset.

I am an LP investor where my ownership interest is greater than the true value of the membership interest, so the collateral is solid.

You would have to find a lender that allows cross collateralization of the properties on DSCR loans and you would have to do a few at a time. 

Another option is to use a personal loan or a line of credit secured by the boat as collateral.

Hey Shane, I'd recommend some sort of short term financing with using your personal assets as the collateral or something besides that specific property as collateral.

Your basically cross-collateralizing the purchase of the land with your home, and then using the "free and clear" land as your equity down for the construction loan.

this is very tough loan to get and normally happens with friends and family or if you have free and clear property to use as cross collateral.. if you dont have that.then be very careful of fake lenders who will tell you what you want to hear and get you to send money in advance of funding.. internet is full of these types. 

@Tony PellettieriTo clarify you have 3 pieces of collateral with no debt at all?  

This was a seller-financed transaction, the terms allowed us to use the ground as collateral and I brought partners in after I got all of the city approvals, and they took over the future expenses for the seller financing note and the other costs like engineering.

(To give you some numbers we are all in at 2.1 million and it appraised just shy of $3.2 Million)This was a seller-financed transaction, the terms allowed us to use the ground as collateral and I brought partners in after I got all of the city approvals, and they took over the future expenses for the seller financing note and the other costs like engineering.