Then after the 5 day notice is given do I wait 5 days or business days?

It was another couple business days later when we were provided with the sales contract.

Usually works like this•Rates: 10% to 14% (Most Deals are 12%)Terms: 1 Day - 24 Months (Most Deals are 6 months)Fees: 2-5 points(%) of loan amount paid at closing (Most Deals are 3 points(%))Minimum Loan Amount: $50,000 Max Loan: 65-70% of After Repair Value(ARV) 100% Rehab Financing Available (Most Deals require 20% of purchase price down payment or cross-collateral)Closing Timeframe: 48 Hours - 3 Weeks (Most Deals are 10 business days)NO PRIMARY RESIDENCES, NON-OWNER OCCUPIED ONLY, BUSINESS AND COMMERCIAL USE ONLY.

Most hard money won't care, most work like this:Rates: 10% to 14% (Most Deals are 12%)Terms: 1 Day - 24 Months (Most Deals are 6 months)Fees: 3-5 points(%) of loan amount (Most Deals are 3 points(%)) - $2500 minimum fee Minimum Loan Amount: $75,000 Max Loan: 65-70% of After Repair Value(ARV) 100% Rehab Financing Available (Most Deals require 10-20% of purchase price down or cross-collateral)Closing Timeframe: 48 Hours - 3 Weeks (Most Deals are 7-10 business days)NO PRIMARY RESIDENCES, NON-OWNER OCCUPIED ONLY, BUSINESS AND COMMERCIAL USE ONLY.

It takes at least 21 business days to close this loan.

Almost all my Tenants pay with CashApp It's a free app in iPhone - you attach a debit card from your checking to the app and when Tenants transfer money from their checking, you'll see that transaction is pendingIt takes 1-2 business days to the money to be available in your checking.

Kole  I use erentpayment.com and the money is in my account on 3rd business day.

The only complaint I had was the 2-4 business days for funding to deposit, but after requesting same day funding, I was granted it in a day.

It may take a few business days to process the payments depending on your tenants bank. 

That being said, we do understand our duty to the clients and typically get back within one or two business days with a response.