I am currently helping a VA buyer purchase a home with an assumable VA loan in Skye Canyon.

The terms for a 2nd position loan on a rental is 6%, 25 year term,  and 2 points origination fee.  

Here in the USA you need what's called a "construction loan" and it's also very hard to find a company that will insure you if you're a newbie.

Us: We want to buy the property, fix up the (3) apartments not occupied by her parents to generate rental income.QuestionsMy thoughts are to work out a deal where we purchase the property from her parents without taking a loan from bank.

Your realtor will be able to give you a much more detailed market specific answer but with house hacking and a VA loan it should be possible to get 0 out of pocket.

Conventional Loan

@Enrique Toledo  If the seller is firm at 10% down, you can always get a personal loan for that 10%. 

You would then have two loans, one on your home and one on the refi to access the equity on the investment home.Why not just use the refi cash out from your home loan for future deals? 

construction loan How did you add value to the deal?

Over the next 5–10 years, I plan to scale to a portfolio of rental properties and eventually diversify into syndications.I’m particularly interested in the Lynchburg, VA market and other areas with strong rental demand.What I Bring to the Table:I’ve been saving aggressively, and I’m exploring physician loans to help get started with minimal upfront costs.I’ve done a lot of reading (shoutout to BiggerPockets books!)