A repeat QS borrower purchased this single-family home in Seabrook, NH for $475,000. He renovated the property and sold it for $798,000.
QS Private Lending provided $480,000 of financing: A $380,000 acquisition loan and a $100,000 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 241% return on his investment.