Buying Land and Building a Multifamily Using an FHA Loan

[Luke Barlow]

As I prepare to use an FHA loan for my first multifamily investment, I've become concerned about the extensive repairs that can accompany purchasing an older model. Does anyone have experience using an FHA loan to purchase land and then build a multifamily on the lot? I've read online that you can get an FHA construction loan, but I can't seem to find much information or others with prior experience.

Any thoughts or advice?