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Need help on what I need for a basic home studio

I am looking for a little info on what exactly I need to buy to use my computer as a home studio so that I can record into it. My friend already makes beats using fruity loops and a few other programs that I forget the names of. All I would like to do is be able to take the beats he gives me and maybe some instrumentals from real songs and record hip hop vocals over them.

TRICKY Situation! Help or Advice needed

hey everybody i just signed up here.
i was wondering what do you guys would be an ideal choice for a new soundcard.. already i have a few options but depending on my CPU speed, i was curious to see what you guys would think would be possible..
Im in a band and am planning to record our drummer using hopefully around 6 - 8 mics at once..