Need advice on how to address questions from brokers/Sellers trying to confirm that I have committed capital, before sharing more details on the acquisition target. I'm taking the Self-funded route and don't have formal investor commitments yet. Here's an email I received from a broker after I signed an NDA for a listing: "The seller wants to know that buyers looking at the materials have access to committed capital so they can finance the acquisition up front. Can you provide more details on your financing arrangements?"

Is this common? How do you respond without de-motivating the Seller from talking to a Searcher?