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Obtaining a real estate loan

What will I need to provide a bank in order to obtain a loan to purchase real estate? 
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
Related Categories: Banking, Credit, Negotiating, Real Estate
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