I'm currently in the process of looking at a property and I am using the BP rental property analysis calculator to figure out the numbers.

I was thinking about offering 12% interest only payments on a 12 month term as I am using the brrrr method and will refi out to pay off the loan. 1 member asked me about some sort of collateral like name on the title which i said i didnt want to do, but it made me think what about some sort of lein on the property during the loan?

I am using an FHA loan with 3.5% down payment.

I also have several credit apps on my phone (I like to try them out and make suggestions for my clients) and starting about 2:15pm I started getting notifications that new inquires had appeared on the various credit reports... and since I have several apps that make noise, and the emails, it was amusingly music there for a while.  

I am using several websites like Zillow and realtor.

@Chris Trupiano I am using a company called RDC Capital that seems to be fairly investor-friendly, if you would like to check them out (they have things like interest only refi's, lines of credit 1MM and 3MM- you just have to have a net worth equivalent to 20% of the amount, so $200K and $600k respectively). 

Sorry I am using the phone app and accidentally replied to Megan instead of a new post.

Hi I am trying to get a refi through that got a refer on DU, Borrowers score has gone up to 699 from 679 but his 3 tradelines are with same co, at zero bal he has 1 late on tradelinehe is W2 his ratio is about 46% and DTI 80% +.But I cant seem to get a true comp that can lower LTV if the guest house is used and the same goes for the income I am using one from Trulia but it does not include GHthe area goes about $500 per sq ft it would increase the value greatly on that alone

Very good market for BRRRR, that is the strategy I am using.

Its in Bay City, Michigan and i am using phone and a email.