Looking to start having conversations with investors to fund fix-n-flip deals.  

They used the funds from selling to pay off their mortgage. 

I’ve seen conventional lenders (those selling on secondary market) fund deals like this before.

I took my time to submit a formal written offer with proof of funds.

The way I got started is I went out and found a deal that had high value-add(Large margin between acquisition and repair cost and ARV), the value in the deal made it easy to finance, I mentioned to everyone I knew what I was doing and let them know I have a deal I am trying to find a partner for and I found an investor rather easily because of the value in the deal, the deal attracts funding, get yourself a deal and  you will find an investor.

Would this be a good start for someone with little experience and low funding?

I'm not familiar with financing properties in Canada but if your investments are in the US there are portfolio products that will lump 5 or more properties into one mortgage and do a cash out refinance at 70-75% LTV. 

At the last meeting, we were informed that $400 had been donated into the charitable fund.

Only option for higher LTV is FHA (occ) at 3.5%.https://www.fanniemae.com/content/eligibility_info...I can't tell you how many times I've gone through 3 weeks of the qualification process only to have a lender change the rules at the last minute because they didn't know the Fannie Mae guidelines.And all that aside this does not look like a good deal to me at all.

I would be funding the deal, and splitting cash flow 50%, while the other end is acquiring the deal, and handling the management, maintenance, and keeping it occupied.