Most MLOs do not know or understand how to do that unless someone has trained them specifically in that function.

In Excel you compute this with the PMT function.

Now when I have the cash for a "true deal" maybe that will be different.Ultimately, to find deals, you have to talk to lots of people and perform marketing functions OR you have to pay someone to talk to lots of people and to perform marketing on your behalf.

If you pay a lot of money, you can buy a functioning STR, but your margins will be slim.

I'm doing a wraparound mortgage and the interest rate is more a function of my desired monthly profit above the cost of my monthly mortgage payment (I have insurance and taxes escrowed and plan on keeping them that way).

I apologize for posting this if it has been covered but I find the search function on this site incredibly lacking. 

@Josh Collins Adding a bedroom can lead to equity and value, but it still needs to take into consideration the layout and function of the house as well. 

si=rYPoMqzL8hZ8lGPR This project involves renovating and revitalizing the existing property to transform it into a modern, functional, and aesthetically appealing single-family home.

From there investors will often use a traditional LLC (maybe two or three depending on their portfolio) to function as the operating company LLCs for the individual properties.

I think those types of firms are good fits if you have a functioning business that's generating profits. they aren't a great fit for fledgling businesses.