Chicken: Welcome to the States. I think it is great that you are getting into repairing your own bikes, but I question whether refinishing a no-name bike is going to be worth the effort. I'd recommend just getting it onto shape and riding it. Maybe touch up the rust spots. Save your refinishing efforts for that neglected classic you find at a garage sale or thrift shop, when you'll have something to be really proud of having brought back to life and restored to its classic beauty. Just my free advice.