Loan Qualification for 203K

[Mali Rupp-Musser]

Hey everyone, 

I have a question about qualifying for a 203k loan. 

I live in Philadelphia, PA. 

My credit score is 696, but is only 1.5 years long. No late payments. Made up of 2 credit cards and a student loan. 

I am a self-employed 20 year/old and my pre-tax income is $60,000. I have no car loan, just my student loan and credit cards, so my DTI ratio is 18% (900/month in debt payments). I have 20k in savings, will be more like 30k before I would look for deals.

How much could I expect to qualify for/can I expect to qualify at all? 

The only person who could possibly co-sign would be my father but I'm actually not sure that his finances would help how I look to a lender.

I've considered an owner-occupied FHA loan but it would set me back another year for investing because I'm currently under a 2 year lease term. I'm looking to buy a small multi-family property to BRRRR, just FYI. This would be my first investment property!

Any other related tips would really helpful and welcomed :)