They don't have an app for iOS or Android yet but, I know that they're working on it.I love that it's free but, if they did charge a small fee (emphasizing small) I'd still use it and incorporate the extra cost into the rent.

If you complete the project your financing cost would be 15% and 5.5 points with a $650 fee ($3,000 down with a refund of $2,350 means you are putting $2,350 down on the property with a $650 lender fee).Sounds like you pay closing costs and your down payment at closing, are you paying the I/O payments monthly or is it due after the sale? 

The app isn't working nicely with the latest iOS.  

If you make it through the wall of text that follows, and you have even the smallest insight to offer, I would so very much appreciate it.My wife and I are rapidly learning the ways of wise REI through the help of the BP forums, podcast, books, as well as attending local REIA meetings, networking, market research, and driving for dollars.We've arrived at what I feel is a major pivot point in our lives, and are struggling with the multitude of circumstances life is throwing our way, trying to figure it all out, and set some reasonable goals so that we can move forward in a clear defined direction.I'm going to lay it all out in brutal detail in hopes that someone can make any sense of this and possibly offer some guidance.OUR CURRENT STATUS:I have a day job as an engineer, a freelance business on the side in which I design products for clients around the country, as well as a fading IOS app development company.My wife has a small house cleaning business, and she takes care of all the household management, as well as just being assigned as power of attorney over her Grandfather's estate.We have zero savings, but are on track to be completely debt free in two years on our current plan.

In my case, a crappy little $500.00 claim means it's simply not economical (unless the filling body has a s-e-r-i-o-u-s grudge and money to burn) to pursue.

So, if your HELOC is like those that I have, you have a "draw period" during which the monthly payment is interest only (IO) with the interest rate fluctuating based on some market index; at the end of the "draw period" the HELOC will no longer be IO - it will change to being fully amortized based on the outstanding balance left at the end of the draw period.

. :) Their downsides would be no iOS app (it's coming this year) and their website is a bit lackluster and they seem to be a newer player with only 2 addresses to choose from NV, or CA.

Are you paying IO?

There are several that you can find on iOS Mobile, iTunes, youtube, etc.

@Nick Doria - Are you talking about the iOS or Android app?