News

Birdman May Lose Mansion Over Unpaid Loan

By HHL JT
pixel_start

Birdman rarely pays people.

You can get away with that when dealing with rappers and producers.

Dealing with a bank is another matter.

In 2015, Baby took out a $12.5 million loan against the $14.5 million Miami mansion he bought in 2012.

He's since defaulted on the loan and the lender wants to foreclose on the home so they can recover their money plus late fees.

It happens to be the same 20,000 square foot, seven bedroom, 12 bathroom home that Scott Storch used to own.  So the mansion has a history with deadbeats. 

Birdman put the property on the market for $20 million earlier this year. However, he didn't get any offers and recently dropped the price to $16.9 million

pixel_end
Posted In: News Birdman

Discuss

News Here's What Young Thug Thinks Of The Kendrick Lamar, Drake Battle Here's What Young Thug Thinks Of The Kendrick Lamar, Drake Battle / News News Chloe Bailey Flaunts Her Backside In New Swimsuit Pic Chloe Bailey Flaunts Her Backside In New Swimsuit Pic / News News Meek Mill Explains Why His Last album Flopping Was Part Of a Favor From Rick Ross Meek Mill Explains Why His Last album Flopping Was Part Of a Favor From Rick Ross / News News Disabled Journalist Christopher Alvarez Addresses Allegations Drake Abused Him Disabled Journalist Christopher Alvarez Addresses Allegations Drake Abused Him / News News 50 Cent And Soulja Boy Both Mock Meek Mill For Being Puff Daddy's Boy Toy 50 Cent And Soulja Boy Both Mock Meek Mill For Being Puff Daddy's Boy Toy / News News Shaq May Be Dating Bobbi Althoff Shaq May Be Dating Bobbi Althoff / News