Capo 2, and just three chords: E, A, B7 
 
CHORUS 
E                           A 
I'm building a houseboat in heaven 
    B7                       E 
to sail those deep and holy seas 
E                           A 
I'm building a houseboat in heaven 
          B7                       E 
and it's welcome aboard you sweet peace 
 
VERSE 1 
The bow she is made of solid silver 
and the hall she is made of solid gold 
she ain't much long the line's a-floating 
but she's yours, babe, to have and to hold 
 
CHORUS 
 
 
I rode my old guitar to heaven 
but heaven didn't feel too much like home 
so I'm headed out on to them lonesome oceans 
in my ruby-studded houseboat to roam 
 
CHORUS