Investment Info:Single-family residence buy & hold investment.

. :) A zoning change can take up to 6 months, approval isn't guaranteed (despite Aldermanic support), and potentially cost a lot of money (architectural site / floor plans & dimensioned elevations, zoning attorney, holding costs, etc.) 

I have had a rental property that I bought 2020. Initially, I was cash flowing, but 2023 and 2024, I have been negative cash flowing. Since I bought this house during Covid, equity has dramatically gone up. I have not...

He told me they don't care if the houses make money, only that they more or less hold their principal because what we think of here in the US as volatility is laughable to most of the rest of the world. 

I always have a "hold 1st" mentality - you might have to leave a few more dollars in the deal but at least you'll have it in your portfolio.

If you are buying a buy and hold rental, do not pull a HELOC or you're paying a mortgage payment on the new property AND HELOC interest.

If you plan on holding, it's then a much easier task to roll it into a DSCR loan.

At this stage in my life, these equity plays are more impactful than holding onto a property for a couple hundred dollars of monthly cash flow.What’s your take?

I've seen some lenders place limits on the number of loans a borrower can hold, but most don't.

If it holds up under these conditions, you've got a solid investment—better safe than sorry!