A new QS borrower purchased this single-family home in Brockton, MA for $200,000. He completed a renovation of the property and sold it for $325,000.
QS Private Lending provided $190,000 of financing: A $160,000 acquisition loan and a $30,000 construction loan. The loan was for 12 months at 12% interest. It was secured by a first mortgage on the property.
The borrower made a 232% return on her equity investment.