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Obtaining a real estate loanQuestion What will I need to provide a bank in order to obtain a loan to purchase real estate?
Answer Loan applications vary, but here are a few basic elements you should expect to provide:
Personal information - Your personal financial position, including credit history, tax returns Business history - Your experience, financial history and tax returns The real estate - An inspection, current appraisal, etc. The financial elements - How much down payment can you make? - If for your business, how will the property contribute? - If for investment, when will the property have positive cash flow? 
Brain Trust contributor:
Author of Hurdle: The Book on Business Planning
President, Palo Alto Software
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