When I pointed out the 20% down figure, it was not intended to imply that was the standard necessary on a commercail mortgage, only as an example.

Also, are those the sales figures for total sales in the area or just sales of those properties listed in the MLS.

You need to figure out what the property is worth to you based on your exit strategy.

I have not been able to figure out a way to leverage my CDs.

Of course you should verify all numbers prior to making an acutual offer (i.e. if you figured insurance to be $100 a month and it's really $200, your viability could go out the window.)

So, you really have to figure both the interest and the points.

Measure the hole, do the math and figure out the cubic yards in the hole.

Now i just need to figure out how to propose it to him.Do I know you from DS.COM

It looks like with every passing day that it is getting worse, in my opinion, as the congress tries to set prices in the market for these terrible securities.I feel like we are so close to getting to the bottom of this and being able to figure it out.I mean here I am, about to buy a condo that probably has one of these "toxic" mortgages associated with it, where there was no income verification, no money down, etc.

Always figure out what the property is worth to you.