All Forum Posts by: Dani Urcuyo

Hi everyone,

I recently finished a very large renovation on a duplex and would like to get a HELOC to pay back my investors. Does anyone know of any lenders that offer 90%+ LTV loans on a duplex that are a primary residence. Here are a few details:

• Purchase Price $600,000
• Rehab Amount: $420,000
• Total: $1,020,000
• ARV (by appraisal): $1,150,000

Thank you!

Dani

Hi all! 

I could use your brainpower! I am under contract for a property in Dillion, CO, 15-20 minutes from Keystone, Breckenridge, and Copper ski resorts. It is a SFH with a lock-off unit and the potential for an ADU by converting an oversized garage into a 2BR/1BA. I will live in one of the units and the property will serve as my primary residence. I plan on using a physician loan (0-5% down, no PMI) for the purchase. I have about 55k in seller concessions to work with. I spoke with a few lenders who stated I could use these funds to buy down the rate of a 30 yr fix rate mortgage. However, I'd rather use these funds for a 3-2-1 buy-down. I haven't been able to find lenders that allow this for physician loans. Does anyone know of a lender that allows a 3-2-1 buydown on a physician loan?

Thanks for your help team!

Dani

Following! Very curious hear peoples responses!