I'm trying to go under LOI for a franchise deal, and although the seller is trying to work with me over the other potential buyers, she's making it very difficult for me to tell her how much money she can get upfront because she doesn't want to send the full tax returns to the banks until she likes the upfront cash I can offer her. But I don't know how much cash upfront I can offer until she sends the tax returns to the bank and they can tell me how much they're willing to lend. I think she'll eventually end up sending the tax returns over to the banks, but it's dragging out the process and it's hard to keep my pipeline going while I'm trying to manage this. Just wanted to vent.
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