Putting you name on it will affect your debt to income ratio, but doing it on your own will affect the down payment as well as your debt to income ratio.One other factor is do you have siblings who might have a problem with this?

After it expires the limit is much lower.You probably need to do a purchase agreement with your sibling and lay out what you are doing and record that. 

I live in Maine, but I have two siblings who live in Owego, NY, and another who lives in Ashford Hollow, and my parents recently bought a place in Springville and will be moving there when they retire in the next year or so.

Obviously in return I would pay it forward to them when it comes time as well, or to one of my siblings when its their turn.  

She has several adult children and siblings who live locally, so I'm willing to call her bluff and say that homelessness is not an issue. 

Lots of siblings and adult children who live locally. 

Everything I can find on HUD.gov or otherwise with google defines immediate family as: (by blood, in-law, or marriage) parent, child, or sibling -- or spouse of any of these.

What I am trying to figure out is if this can also go the other way if an adopted child's share of an inherited property would be divided amongst their adopted siblings as well as their biological parents or siblings?  

My contact seems to have prevailed against his siblings to have an attorney represent him.

Currently, my sibling and I own 40% of the building and his nonprofit owns 60%.