Hi TS,
my current house S&P is under me & my siblings names, siblings are all overseas, and house loan cleared already

Now planning to do some major renovation to the house, and get some cash for buying another property for investment

So if I'm to refinance, can I just get the loan under my own name only? bcos it's pretty hard to get the rest of the siblings to come home from overseas just to sign the agreements.

Lets say the property current market value is 1mil, can I just get a partial loan lets say 300k? 100k for renovation, and 200k for investment in other property?

sorry, really financing noob here, please help to clarify, thanks!

haiz... that's almost impossible for now amid the covid-19 outbreak

seems my only choice now is to get a personal loan for the renovation...

but is that a good idea in this messy economic situation we are in right now?

think I'm gonna put it on hold first, having more cash less debt now is the way to go