in colorado springs and i'm looking to replace my old laminate countertop with a new one, plus a new sink brushed nickel. 

.- If you have a family member or really good friend, try to work out a deal where they co-sign on the loan with you so you can use their credit.- If you are unable to buy a personal home with your credit right now, you may look into other avenues such as investment property with HML. 

My question is if I went in with my sister as a co borrower (her being the occupant) could the title be switched solely to me after a year or two when I’m ready to develop it? 

You could still do a CO refi on your CA rental up to 60% or 70% LTV and access $128k - $190k with fair terms in the high 3s to low 4s for interest rate.

I love Colorado and especially Colorado springs.

Finally, as already noted, the entire term is co-opted and corrupted.

You are best to look into seller financing, using a co-signer, or a JV before going this route.

I need it to pass a CO inspection.

I need it to pass a CO inspection.

I need it to pass a CO inspection.