Quoting Propwash from one of his posts:
"Another real good option after everything is welded up and coated, is use a under panel coating like 3M Rustfighter or Rustfighter II. You twist the bottle onto a standard body schutz gun, use a flexible 3' long flexible wand and spray it in any nook and cranny you can get it in (like frame rails, extension panels, rockers ect..ect...). It has the consistency of petroleum jelly, never dries and is an excellent moisture barrier. I know several high end resto/body shops that exclusively use it."
http://3mcollision.com/3m-rust-fighter-i-08891.html