When lending stopped, then, it all came crashing down, which was just the beginning of the crash.

If values crash and you're stuck with a property that's worth less than what you paid, forcing you to hold for longer than you had planned, you'll be glad for that fixed rate loan.

My half of the profit is tax-free because I have accumulated $260,000 worth of Deductions since the 2008 Crash.

I have been through the 2000 and 2008 crashes so from experience I think flipping outside of Seattle or the Eastside is risky.

I have had a condo and a townhome and lost a lot of money due to timing of the market (08' crash).

@Ryan Kennedy There are a lot of things that could go wrong, a tsunami, an earthquake, hurricanes, floods, market crash, car crash, airplane crash, mall shooting, heart attack, anything.

I really want to know what the crash will look like for them and their counterparts. 

Even in a full market crash, real estate has value, stocks can go to zero.  

Good deals on the MLS are few and far between and, as you've seen, they get into bidding wars rather quickly.What most REIs tend to gloss over is the impact of the crash.

Now the market crashes, and they can't get out, dropping their price every 2 weeks, until they are back down to where they started.Don't confuse  realized gains, with unrealized gains.Matt