loan to purchase , improve snd remove mortgage insurance based on projected value?

Hello everyone! So glad this place exists for folks like me to learn from you. ✨ looking for ideas on to  how to acquire an owner-occupied property  with 5% down by using a mortgage loan product to purchase , improve and  avoid mortgage insurance based on projected value?

Any advice on the type of loan? Or strategy is much appreciated. 

Grace 🌈