I can do the simple math, of course, to find out the break even point on the rate reduction benefits and the refi fees.

Its not in downturns alones, but its in times of hardship either for the banks or when the LTV's go way above 75-80% then the banks start getting uneasy with the portfolio's risk level that they might issue a freeze or reduction of credit line.

That was plan B so I'm not worried about it.If we could have bought for $10-15k less (off market) it could be homerun flip, but I'm a realist and see the increased supply and price reductions going on in most markets. 

The amount of tax reduction is not equal to your losses, it's approximately your tax bracket times your losses.

If immediate tax reduction is a priority, a short-term rental (where material participation makes the activity non-passive) often gives stronger leverage.

Homes now average about 68 days on market, and many see at least one price reduction before selling.

You have a $250k per spouse reduction to any capital gains if you sale your house. 

On market for over six months, multiple price reductions, loan extensions, and a few foreclosures.  

While some markets, like DFW and Austin, are still competitive for well-priced properties, sellers are becoming more flexible with concessions and price reductions in certain segments.

For me, it's meant:No alarm clocksWorking from anywhereUnlimited time with family (yes, even the 𝗈̶𝗎̶𝗍̶𝗅̶𝖺̶𝗐̶𝗌̶, I mean, in-laws)Being present as a dad and husbandIf you’ve been stuck in analysis paralysis, waiting for that “perfect time” here’s your reality check:Spiking inventoryHousing sales at 20 year lowsPrice reductions everywhereSellers can’t sell, buyers remain on strike.This is when you step in and get involved.