Getting creative with FHA + seller financing?

[Eric A.]

I've found a 2-family property in Bushwick, Brooklyn where the seller is willing to carry some financing (he has a $400k mortgage to pay off). He is asking $850k for the house, and it probably needs $150k in renovation to make it nice. I already have a commitment letter for up to 800k financing with FHA. My question is, is there any creative way that I can combine my FHA loan plus the seller financing to make this deal work? Total cost is probably a bit over $1mm. I'm not asking if people think it's a good deal, just wondering how, if at all I could structure the financing to make it work. Thanks.

[Chris Mason]

@Eric A. - "FHA 203k" is the google search you are looking for. That isn't a direct answer to your question, but I think you will quickly see how it will help solve your problem. :)