Like you said, probably not so easy here in MA but you did give me an idea about alternative uses...I typically focus on properties that I can make buildable by solving zoning issues, access issues or minor wetland issues.  

I've read stories of investors who wired money, were told the fund was closed and offered a prom note alternative. 

Like others have said, you need to find alternative lead sources to find a decent deal.

You CAN skip trace the list from within Prop Stream, but there are cheaper and better alternatives out there I discuss below.

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?