I am new but ready.

[Donna Yu]

How much capital do you need to have to start and where did you find your first deal that is successful? Thank you. 

Ready to learn from all of you. :)

[Jonathan Greene]

What @Chris Seveney said. It's not an amount of actual cash because that changes depending on where you want to invest, but a percentage. Basically, 25% down plus 6 months in reserves and then another pot of money so you don't toss all of your savings into a new investment.

If you are planning on house hacking, you can cut the downpayment percentage way down.