A catch to this otherwise awesome news!?

I know this is great news, but what does it mean for my wife and I specifically...That the house is worth over $100k more than we’re paying for it and that if we were to take out a HELOC that we could borrow against an extra $100k in equity?

I'm a tv/radio news reporter in Washington, D.C. but am originally from Orlando, FL and am now looking to transition into real estate investing full time, (eventually in South Florida!).

Unfortunately this property and specific location is outside of the norm for the city.https://www.wafb.com/story/25909323/murder-rate-soars-in-70802-declines-in-70805/https://www.theadvocate.com/baton_rouge/news/crime_police/article_242a4900-9c8d-11e7-af96-9f6d031d17f0.html

The good news about syndications is you don't have to do everything yourself.

If I can’t appraise at the value needed to get my initial investment out that would be bad news for a heloc right?  

However, the good news is if you continue looking for lenders, any additional mortgage lender inquiries within a relatively short window of time (generally 14-45 days depending on the credit scoring model used), will all just be scored as a single inquiry because it will be assumed you're "rate shopping".You can read more about that here:https://www.myfico.com/credit-education/credit-reports/credit-checks-and-inquirieshttps://themortgagereports.com/22895/multiple-credit-inquiries-mortgage-rate-shopping

Focus on the current market not the news.

He seeing the news of the real estate market is going up and is confused whether to relist or give an extension.Wanted to know what other people thoughts are.

Someone please correct me if I am wrong because I have one person I would love to get out ASAP.https://www.inquirer.com/news/...