Do I qualify for an FHA construction loan?I am a 30 year old, who is living in an apartment in Pittsburgh. I still own a home in VA with a VA mortgage, I currently have the home rented out and have hired a property manager to take care of the process. Rent checks are direct deposited as planned.I am looking to purchase a 2-3 unit home in Pittsburgh, live in one unit and rent out the other 3. Cost would be about $300k to buy and then spend another $60k on renovations. Current base salary is $110k but I will make $10-50k on top of that in bonuses etc. Latest FICO is 641. 83% of available revolving debt available, 2 Credit inquiries will fall off on the next credit report. Monthly debt payment is $2050.May 01 2011 - North Shore00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.