Note that the contract needs to be returned to Sage Acquisitions (HUD's asset manager) within 2 business days, and your earnest money deposit (made in certified funds) needs to be delivered to the listing agent (but payable to your title company) within 2 business days as well.  

Transfers this way take from one to two business days.

From reading these posts, I’m finding the overall mindset of who a wholesaler should be and what they should do is a bit unfair.If you think about what a wholesaler is doing within their business day to day, you can’t justify them doing any sort of hand holding because that’s not how they’ll get paid.

You're correct that the free ACH payment option takes about 5 business days from the time the payment is scheduled to the time it posts to your bank account.

Me and the other partner would be the ones operating the business day to day. 

The payment process requires multiple steps and takes approximately five business days to complete.Benefits:Affordable ACH payment collection through *********** allows for faster access to available funds compared to checks, faster notification of non-sufficient funds compared to checks, and no bounced payment/check fees for landlords.Here is how it works:All tenant payments are processed at 3:50 PM (MDT).

Only downside is having to wait 5 business days to receive the payment unless I want to pay a small fee (around $3 I think) to speed up the transaction and get my money in 3 business days.  

The "problem" we're having is when a tenant moves out, we have to go to the electric and water company and reconnect services which can take 3-5 business days after processing, which delays repairs.

Typically our lending partners programs are as follows: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 (For loans less than $200,000 we charge $2,500 minimum)Max Loan: 70% of After Repair Value(ARV) 100% Rehab Financing Available (Require 20% of purchase price down payment or cross-collateral)Closing Timeframe: 48 Hours - 3 Weeks (Most Deals are 10 business days)We have private lending partners throughout the entire United States that cover the following states: AL, AZ, AR, CA, CO, CT, DE, FL, GA, HI, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, OH, OK, OR, PA, RI, TN, TX, UT, VT, VA, WA, WV, WI, WY.

@Katrina Dela Victoria - The city actually responds surprisingly quickly, I think you can expect a response between 7-10 business days.