But overall, I agree with you that people who can figure out how to purchase, should because they'll pay similar in monthly expenses and get the benefit of owning a place.

So, just beware that you want to look at how you are doing business not just for your own benefit in a situation like this but to protect yourself from other issues as well. 5. 

Not sure, from what you're writing, what the benefit to the borrower was in refinancing, but there had to be something; cash out and lower rate are two that come to mind. 

The power of leverage is one of the main benefits that distinguishes RE from other investment choices, and the refi is where real wealth is made.

(I have a special needs trust for my son so have dealt with the complexities.)My bigger concern would not be your liability exposure but doing something that could potentially endanger the support benefits your brother is entitled to.

Also, in this case, it will probably be cheaper than renting and I will also enjoy all the long-term benefits of owning real estate. 

Does it benefit me at all or is it just a gov't tax money grab? 

I am mostly just gauging feasbility, I am still in the research phase of this idea however.  

Periodically checking the realtor.com and zillow "sold" listings in your areas of interest will keep you generally informed on what properties are actually selling for.Feel free to reach out with any questions during your research phase, happy to share some additional stats/info.

I don't mind paying for my flights to keep all these benefits then I get my kids and husband free everything 😊.