getting ready to purchase my first rental property

[Camilo Chiriboga]

i'm getting ready to purchase my first rental property but I'm running into some issues, I own a home ( I live in) which has 100,000 in equity and I will like to use that money for down payment or just buy a property straight up but i got denied the equity loan because of a harp modification, I've only tried two lenders and one said my credit is not good enough and the other said the HARP Mod, at this point not sure what to do, I don't have the money for a down payment right now unless i get approved for a equity loan, being new to real estate investing I'm hoping I can get some advise on who will approve me being that there is 100's of lending companies, or how i can get a some money for a down payment, any help/advise will help. Thanks!