Im trying to record my demo cd out of my home and need to know from a to z, everything i will need in order to get me going. tHnx PPL =]

Well, You need:
1- A computer
2- A DAW (Digital Audio Workstation)
3- An Interface (I/0 input/ output)
4- A Microphone
5- Cables
This is your minimum to make your Demo.

A DAW is the program you use to record and mix your songs. A few examples are, Sonar, Cubase, Logic…There’s a free one called Audacity, although it’s not a true DAW, and isn’t gonna give you as good results.

The interface is a box that allows you to connect your Mic’s and instruments so that you can route that audio to your computer.

For Recording use a Studio Condensor Mic, Maybe as inexpensive as $50.

If you want to make your own Demo’s then you’re gonna need to invest at least some $.

Assuming you already have a computer, then If you look for things used, or online, you can probably get all you need for $250 or so, or maybe less.