Qualifying for a loan with no (or low) income

[John Rankin]

I am self-employed and show very little income on my tax returns. But my credit is great and I have sufficient savings. To qualify for loans should I look at deducting less expenses to show more income going forward?

Also would flipping be a good way to supplement income specifically for the purpose of showing more income in the hopes of better qualifying for lending? Any thoughts specific to qualifying for lending when income is low, close to nothing, or irregular would be greatly appreciated.