Looking for insight on cash available projections

[Nathan Horner]

I have not started my venture just yet. I am looking to hone in on finances next year (after our baby comes in August and the wife goes back to work) and we will be paying off her school loans and getting any credit in great shape. My wife and I have been thinking about what a good breaking point would be for cash savings. Example: If we could be a house for 60k in our area and we could put 50% down is it better to have even more cash reserves to finance a flip? Or is it better starting out to keep some more cash handy? Sorry this is a vague question but I want to start the process in a good position. Obviously cash is king but I do not exactly want to wait until I can fully pay cash for a house and the flip.

Hope this makes sense