While California has long been a real estate powerhouse, Florida offers a compelling alternative with its own unique set of advantages.Let's spark some conversation!

Alternatively, your sibling might use a 1031 exchange to defer taxes by reinvesting in like-kind properties, though this doesn't directly fund a primary residence.Other ideas include leveraging a HELOC on the rental properties for the down payment, taking out a 401(k) loan, structuring an owner-financed agreement, or a lease-to-own arrangement.

Is it better than your alternative uses for your money?

Alternatively, consider bridge loans, HELOCs, or post-purchase refinancing to preserve liquidity.

Putting people in a position where they would need to sell or come up with an alternative strategy to pay off the mortgage balance prior to rebuilding. 

Maybe pay a financial advisor for an hour of his time first in case there is an alternative that you have not seen yet?

You've probably heard and have been suggested to invest in stocks, bonds, or have thought about other real estate alternatives.

Are there other, more cost-effective alternatives to gain similar support and knowledge?

Despite the inability to claim depreciation or avoid certain taxes, many investors appreciate the control an SDIRA offers, allowing them to invest directly in real estate and other alternative assets they are passionate about.I do not recommend buying tax-efficient assets like RE in the already tax-efficient IRAs.

Or with alternative options?