@Joshua MusquezIt doesn't sound like you have anything to lose or protect.  

In fact, you would lose money for sure.If the ARV truly is 110K, then the deal isn't bad. 

Talk about losing sleep. 

You will win more often than you lose as an investor. 

I know many make it sound easy and you need little to no money etc etc.. but that simply is not the case. 1. get your license and work on a team.. tutor under a top performing agent you will get paid as a member of the team no have to work for free for someone who will just cut you lose if you bring no value to them.2.

How much are you willing to lose if something goes south?

Some will lose everything; many will quit, but the successful will never throw in the towel.

that sounds too good to be true frankly.. caution unless this is a personal friend or family member if its a private lender you met on line.. good chance you will lose any up front money you give them

If they keep stalling the money by requiring more and more and more and more information about the house, I could end up losing my chance at getting the home under contract right this minute.

Always possible but if they aren't losing it why would they drop that much.