Personal Loan to fund my first deal. Good idea or bad

[Sachin Acharya]

Dear Experts 

I'll ask the question first and then give the context so if you are not interested you can stop reading here.

Is it a good idea to take a personal loan at 4.74% that I can close in 4 years, and buy a property in Mumbai, India? 

I have been listening to the Bigger Pockets Podcasts and reading the information on the forums for over 6 months now. I am feeling that I have reached a point where I must start taking action now. 

I currently don't have much cash but I have a job that allows me to save some money every month. I am planning on going for a personal loan here in Dubai, (which is a lot cheaper than even home loan back home in India) and then use that cash to buy small commercial shops in Mumbai. The rental yields are better on shops than residential. And inflation will eventually push the rental income higher. My goal is long term build long-term wealth by having multiple such shops that produce cashflow every month. 

I am nervous. Please let me know your thoughts. 

Regards 

Sachin Acharya