Construct ... Sell to FHA first time 4 Plex

[John Schornberg]

I want my first home to be a fourplex using the FHA 3.5% down program. But I want to build. The FHA program does not allow for new construction. So I want to find a way to work with a construction company/investor to construct this so that I can purchase it from them.

I am relatively certain I can not just go to a builder and say you build this I promise to buy it.  As well I can not own it, because I need to buy it haha.  

So from a creative standpoint what would I be able to do that would allow the end result I am looking for. Can the pre approved FHA loan be assigned prior to construction? I really doubt that. But I do understand that if both parties can make money a solution is more than likely someplace along the line.