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Hi guys, wondering if anyone can help, new to investing, but situation I have is mother inlaw has a nice old house on 700sqm block, would love to demolish house and build 3 x 2 story townhouse on there, she owes 40k on loan, so she would need 1 to live in, not sure if anyone done something...

Hi guys, wondering if anyone can help, new to investing, but situation I have is mother inlaw has a nice old house on 700sqm block, would love to demolish house and build 3 x 2 story townhouse on there, she owes 40k on loan, so she would need 1 to live in, not sure if anyone done something...