How Much Money To Save Before Flipping?

[Christopher Lynch]

Hi All

I am a full time Realtor ( almost 8 years in) I have helped many clients find success but now it’s time to find my own. 

I would like to start flipping houses. The average wholesale deal I am seeing is about 200k purchase price for my location. 

Based on that how much liquid cash should I save before getting into my first deal? I am going to go the hard money route.