A new QS borrower purchased this single-family home in Northborough, MA for $341,000. She renovated the property and sold it for $595,000.
QS Private Lending provided $340,000 of financing: A $270,000 acquisition loan and a $70,000 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 267% return on her investment.