Since the housing bubble burst in 2008, banks are skittish about lending money to nontraditional earners like songwriters, here’s how you can beat them.
But here’s the good thing. Before you go spending $6,000 on a professional studio, you don’t need a pristinely recorded full-length album under your belt at all. Demos are fine, but try to get a decently home-recorded and mixed couple of tracks together whenever possible. If it doesn’t sound perfect, that’s fine, just don’t print and sell copies of those songs yet. Just don’t think about booking local shows until you’ve got music to share.