Rental property and flip

[Josue Marmolejo]

Seeking advice..?? I wanted to get a loan to puchase a single family home for long term rental property or flip. The estimated home value is $185,000. The owner asking $160. The property comes with a second residential lot valued at around $30,000 completely paid off wish I wanted to eventually build a secondery home for sale.

So.., i applied for a home loan and I coudn't get appoved cause of my income range wasen't high enough and not enough down payment. I there any other option for me to get this home and start my investment portfolio???