A repeat QS borrower purchased this single-family home in Natick, MA for $475,000. He completed an extensive renovation and expansion of the property and sold it for $950,000.
QS Private Lending provided $752,000 of financing: A $427,000 acquisition loan and a $325,000 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 129% return on his equity investment.