First Flip Starting out

[Christopher Blake]

Hello Bigger Pockets community! I'm new to the community and seeking advice regarding my first flip. I'm interested in flipping homes and maybe some rentals but mostly just homes. My question is, what amount of cash should have of my own money before applying for conventional loans. Also with a conventional loan, are you allowed to use the conventional loan money for repairs, or is that seperater funding, or do you have to come out if your own pocket for repairs? Thank you guys for your time and any advice would be appreciated.