If this effort gains traction, it could fundamentally reshape the U.S. mortgage market, impacting financing options for real estate investors nationwide.The Role of Fannie Mae and Freddie Mac in Housing FinanceFannie Mae (Federal National Mortgage Association) and Freddie Mac (Federal Home Loan Mortgage Corporation) are government-sponsored enterprises (GSEs) that purchase mortgages from banks and lenders, package them into mortgage-backed securities (MBS), and sell them to investors.

This is the max that the lender can bid up to. 

Quote from @Dylan Webb: Have you talked to a lender to see what it would cost you?

I have heard some lenders use school etc.

If investors want to just be lenders then I would work with them as a lender on the deal so you don't have to setup a syndication also not sure where you are located (app doesn't say) but if investors California may be way around syndicating 

From what I've seen and read, most of the reason operators get in trouble is that there is some type of "event" that has occurred (usually their loan has matured or they've defaulted on their existing loan) and they need to refinance their loan and the lenders require a new appraisal to be done, which usually leads to a lower appraised value, and a lower loan amount, which "forces" the owner to pay down their debt.

Your Lender I can help you with #2 & My suggestion to find  #4 would be to go to the top of this page and click on FIND A LENDER.

Again, I used my parents but this time only as lenders of part of the money for the down payment.

Instead of stressing over timing it perfectly, focus on making sure the deal still works even if rates shift.Since you’re buying in Norfolk, check if lenders there offer any investor-friendly incentives.

Appreciation Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?