30 year lease in Thailand

[Molly Jones]

Ive lived in Thailand the last four years and have an opportunity to purchase a 30 year lease on a brand new fully furnished eco 1 bedroom at a beautiful tropical location that only gets busier each year. I also love it here.

It will cost $100,000 and we will finance half with a personal loan @ 7% for 3 years.


So im putting 50,000 in cash and I expect to earn about $2,000/month. Rentals have also shot up like crazy so I anticipate much more as the years go.


I have been studying BRRRR and leveraging debt but this case is different.

Would it be in my best interest to pay back the loan asap or just make the monthly payments and start saving my extra cash for my first BRRRR in the states. What would you do and why?