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  • Carmen Capital refinances and funds repairs for a 202 property in PA

    February 12, 2015 admin

    The Problem: The 202 project has had some difficulty meeting some of their typical operating expenses in the past, primarily due to the large debt service burden. Capital improvements are also becoming necessary as the project is now over 20 years old. The Solution: The partnership turned to Joe Carmen, to utilize FHA’s 223(f) program to provide 35 year, fixed rate financing for the properties. The loan funded repairs, a ...Read More
    Categories :News, Success Story, Uncategorized

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