@Morgan NilsenThere is a formula in finance for determining leverage:http://www.investopedia.com/terms/d/dfl.aspAs a business owner you have to determine what constitutes "over leveraged."  

EVERYONE uses K for thousands and M for millions...except those that work in finance for a living.

I am a University of Florida Graduate in Finance and Real Estate, a Marine Corps Combat Veteran (still in the reserves), prior Financial Advisor, and a current MBA student and a business partner in a Private Prisoner Transport Company.

This will probably keep the area hot for a while as there is continued strong job growth in finance and tech.

You use it to infinity though.

Since you got all of your money back, the CoCR is actually infinity.

This is because, If title/escrow don't disburse the funds exactly as described in the settlement statement, that's millions of dollars in fines.

That said, it seems like you are saying that the sale price is $X and the buyer is short $70k in finance approval.  

The difference is that you're dealing in finance, not real estate penalties are felonies with fines of $100,000 and or up to 10 years in a federal prison there are brokering aspects that can carry $1,000,000 fines. 

Personally, I live/breath Excel (work in finance) but still prefer using the right tools for the right job.