Was it difficult to refinance with fannie/freddie during the 2008 recession?

How much would that house have sold for at the bottom of the last recession (move-in condition)?

I think housing has another year left of gains before a recession kicks in, followed by a healthy 20-30% correction ending around 2020-2021 and then back up for a new cycle through 2025.

At least it also doesn't make the fastest crashing lists when a recession hits, though.

They are significantly higher now than before the recession and consequently returns have been very squeezed.

My rental was purchased for $306,000 in 2007, then fell to a low 0f $230,000 at the low point of the recession, and is now up to $410,000 today. trust me i had those thoughts too about letting it go, but i held it and couldnt be happier with that decision. keep your credit high, if you use it right it could bring you more money than your time.

I would love to indulge with a milk mustache and take my profits to the bank and wait for the next recession to hit but is it a smart move?

You do not want to be holding luxury units with debt going into the next recession, not if you want to be playing this game for a long, long time. 

However, while most opportunities for putting zero down on a home have disappeared since the recession, there are still a few ways to buy without putting money down.

Pre 2008 recession short sale flips seamed like were the hot topic and there were plenty of short sale investors making money with quick flips.