They usually have 2 clauses in them: a variable rate and a "modification" clause.  

For a long term real estate investor, or one who hopes to be in it long term, a great lender relationship may be VITAL to your survival during hard times and your ability to take advantage of wealth building opportunities during good times.  

As @Tom Gimer and @Peter Walther write, why wouldn't they isure is a vital question. 

Here are 5 tips that I like to share with my new team members to help them succeed.Focus on Building Strong Relationships - It is vital for your success to build strong relationships with your clients, colleagues and managers.

For example, touting that you've never done a capital call or given back keys on a property when in the background, you're having to negotiate with current lenders on loan modifications so that you can delay capital calls and/or giving back keys. 

It's vitally important to know who you are working with, and have the history of the players involved.

Starting with smaller properties may give you vital experience and position you for success.Good luck!

Keeping each LLC’s financials distinct helps prevent this risk.Insurance: Having adequate insurance coverage for each property and ensuring it aligns with the LLC structure can also be a vital component of risk management.Legal Counsel: Regularly consult with your real estate attorney to ensure your structure and practices align with your protective strategy.In conclusion, while running everything through your holding company might simplify bookkeeping initially, consider long-term implications and ensure you are safeguarding each property and your overall investment effectively.

However, it’s time we start recognizing them for what they truly are: an affordable housing option for those who want to live independently on a budget.Rooming houses provide a vital solution in today's housing market, offering flexibility and affordability.

The seller agent remains unch, but now are arguably one of the most vital pieces in how transactions work.