Lot for new construction in Apple Valley, CA

[Eric Miller]

I am posting these questions because I don't want to repeat mistakes I have made in the past.  What kind of things should I ask or find out about a lot before making a purchase.  I pretty sure of the basics already like what utilities it will use, and if a water meter is even available.  Also, I am pretty sure that I should find out what jurisdiction I will be obtaining building permits from.

Another question about this project is financing.  What would be my best option for paying for this?  I am thinking of a cash out re-fi on my existing home to get started (about 75% equity now).  I think that would buy the lot and get a good start on construction.  Then construction loan for the rest?  Keep in mind, I am a newbie to building, so maybe I should just scrub my financing idea all together.

Any other things you all think I should consider?  Input would be greatly appreciated.

We are planning on this to be our personal residence. Then selling our existing home after building.

Thanks in advance, Eric