Hi guys, I recently was offered an investment opportunity in this hotel located in Perak. Its price ranges depend on the level of the floor and size of the unit. It starts around RM180k to 400k. They r giving a 15% discount on the actual amount and a guaranteed 7% returns annually for 15years. After which the terms are negotiable. The interest rate goes up 5% every 3 years after the first 6 years. Assuming I am able to get the full 85% loan, and in view of the 15% discount I won't need to fork out any money for the property. All maintenance will be covered by the hotel. The quit rent and assessment I would have to cover as the owner.

1) What is your opinion on this investment?

2) In the long run will those percentages be sufficient to pay off my loan?

Y u say so?

Y u say so?