Whether you're a new real estate investor or an experienced one. Without the capital you need you can't acquire the property you need and want. Which could cost you dearly in the long run, both in lost cash flow and lost property appreciation. The good news is there are vast sources of capital available for good income producing properties. The bad news is, if you don't go about tapping this capital in an organized systematic manner you will decrease your chances of getting the capital you need. Here are eight steps to help you get the loan you need:

1. First tune up your mind by realizing that you must be persistent and organized in your search for real estate capital. Be prepared to submit as many loan packages to lenders as needed to get the financing you seek. So don't simply submit one or two packages then give up in frustration because you where turn down.

2. Carefully assess your real estate financing needs by asking yourself some very important questions. Such as: How much capital do you need? How will this capital be used? What kind of profits will this capital create? And, how will this capital be repaid? Having clear answers to this questions are a key part of any request for financing. And will determine the kind of real estate lenders you should be approaching.

3. Locate prospective real estate lenders both local and distant for your financing needs by researching various public information sources. Such as your local phone book, Internet searches, and lender directories which you may be able to find in your local public library.

4. Make a list of possible real estate lenders you want to contact concerning your financing needs. This list could include commercial banks, commercial finance firms, savings and loans, commercial mortgage lenders, specialty lenders, private lenders and others.

5. Contact each lender on your list to see if they do the kind of financing you seek, and to see if they would be interested in your real estate project. If they do the kind of financing you seek, and are interested. Then you should have them send you full details on their programs. Which will include their rates, terms, guidelines, requirements, application, and etc.

6. Review carefully the information that each lender sends you. This careful review will tell you what each of these lenders will require in your loan package. And how they want it submitted. You must follow their guidelines and requirements to the letter.

7. Prepare neat, clear, attractive loan packages using each lender's guidelines and requirements. Each document they require must be included in the loan package or you will slow down the decision process. Or have your loan request denied because the lender does not have all the information they need.

8. Submit your loan packages to the lenders as each package is completed, then give each lender plenty of time to make their decision on it. Never, ever, try to rush a lender for a fast decision on your loan request. Because the fast decision you may very well get is a fast no decision.

On the other hand you don't have to simply wait around for any lender to make a decision on your loan request. The more lenders you contact, and the more loan packages you submit the better your chances of getting the money you need. So continue to locate, contact, and submit loan packages to lenders until you get the capital you seek. To purchase the income producing property you need to earn those profits good real estate can provide you.