I want to build a new home near our current home. We have over five acres in this plot and the county will allow me to do this and retain the current dwelling as a guest house. How did you arrange your financing, if you have done this? I am at a loss here. One previous house I just bought, we are buying this one (but have 75%equity already) and the one I built years ago was done with the contractors building loan on my land. So, I haven’t a good idea about the proper way to set this up and proceed.