No access to tax returns until under contract??

[Kristina Inglis]

Hi all, 

This really shocked me but have been told this is very 'normal'. I'm interested in a multifamily property in Norfolk VA but need a bit more information to do my due diligence and complete at least a reasonable analysis. When i asked for the following information, the sellers agent told me that he'd be happy to give it to me once under contract. Isn't that too late??? I suppose I'd have to go under contract with a number of contingencies? Is this typically a red flag regarding the condition of the property? I read this as they have something to hide. What do you all do in this type of scenario? Do you lower your offer even more to offset the risk associated with not being able to verify certain information? I have not visited the property yet because I live in Arlington and didn't want to make a trip down until I at least could verify some of the bigger items that went into my analysis. Am I expecting too much? Anyway, would appreciate any insight.