It depends on how many units, a 5 unit can go for 200k I would give 1000 EM, a 5 million dollar property I would put 50k in EM
I usually require a minimum of 1% of the purchase price.
My rule of Thumb is 2%
Dwight, You have alot of questions. Have you considered expert representation? An experienced multi-family broker in your area can help guide you through the process and is often conpensated by the Seller.
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