A repeat QS borrower purchased this single-family home in Salem, NH for $261,000. He renovated the property and sold it for $544,000.
QS Private Lending provided $330,000 of financing: A $230,000 acquisition loan and a $100,000 construction loan. The loan was for 12 months at 14% interest. It was secured by a first mortgage on the property.
The borrower made a 420% return on his investment.