How soon can you get an FHA construction loan after USDA loan?

[Ellie Narie]

I live in a small town and there aren't really any multi family properties to buy. Plus, it's a lot cheaper to build by buying a new manufactured home and putting it on a permanent foundation. Now, the problem is, I don't want to pay a huge downpayment for building a 3-4plex. I've contacted a few banks, and they all want 20% down for construction. The other two options are USDA and FHA construction loans, but they all will only fund SINGLE family home construction. So, I was wondering if I can get a USDA construction-to-perm loan first, construct one home, then get an FHA construction-to-perm right away to construct another home while I live for one year in the USDA home (they will be on the same land which is properly zoned, but I haven't bought the land yet). Can I do this? What are some other creative strategies for financing multi-family construction with no-low downpayment?