Real estate investment and financial aid

[Erika GIlces]

So I'm looking to purchase a home or condo in Washington d.c.. my brother will be going to law school and I suggested we get a property so we can house Hack and he can live in it. I live in n.j. my question is if his name is also on the property will it affect his financial aid in the future. It would help in putting down a smaller down payment. But if I do it on my own it would have to be 20% down because itll be an investment property. I just don't want to jeopardize is school help so looking for any info I can get beforehand ..plus this would be my first time getting into real estate . thanks in advance