And how will your (newly calculated) numbers look if they demand 25% deposit rather than 20%? 

I've got a solid W2 income, I'm a newly licensed RE agent, and decent credit with not much to put down.

Hey BP community, my wife and I will be purchasing our newly remodeled home from her parents at less than half the appraised value.

Could be installing a dishwasher or laundry, refinishing floors and painting, or even more extensive like requesting a newly renovated bathroom or kitchen.

A close second was a large amount of weed.The ring was found between the baseboard and wall of a newly purchased duplex.

One unit is newly vacant and needs small repairs.

If you already have a significant amount of reserves in place, then you can adjust for that, but if you don't, it wouldn't be wise to just assume that a newly renovated property is immune from near-term issues. 

3.How familiar are you with the newly changed laws that can affect you the owner if they are not used correctly?

Nothing brings out the NIMBY flag like a home newly purchased.Why not involve your siblings as partners. 

I am a budding investor in Indy and also a newly licensed broker.