Have some cash but it is capital for my current business (day to day job).

The only drawback is that it takes like 5-7 business days for the money to clear your account.

Also, the bank wants $4000 in earnest money and only a 7 day inspection period (that's 7 calender days not business days).

id=14651so just beware also with this there is a letter you will have to have people sign a letter stating that they should consult with a lawyer and more legal jargin and then from there they have 5 business days to cxl the contract...

However when you purchase at the auction they will issue it to you after the ten business day waiting period without having to actually go through the eviction process.

In AZ, you pay 10K down when your bid is accepted, and have only until 5 PM the next business day to pay the balance in full.

I used SoFi successfully last year for $50k, pretty smooth process and they funded in one business day after my docs where in.  0 points, 0 fees, and no prepay penalties. 

If you need cash.... forget it, it will take my bank a business day (or a lot of escalation) for anything over $5000 cash.

So with HUD, when your offer is accepted, you have, literally, 2 business days to sign all of the sales contract documents and send them to the asset manager, which is Sage Acquisitions  in my case. 

I passed my Affiliate Broker exam and should be receiving my license within the next 6-9 business days.