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 Cardi B Wears No Clothes To Promo Her New Single Cardi B Wears No Clothes To Promo Her New Single / News News Bianca Censori's Body Gets Showcased In Steamy Kanye West Photo Shoot Bianca Censori's Body Gets Showcased In Steamy Kanye West Photo Shoot / News News Sexyy Red Responds To Adin Ross Telling the World How He Smashed Her Sexyy Red Responds To Adin Ross Telling the World How He Smashed Her / News News Bobbi Althoff Gave Funny Marco Big Cash Gift & He Still Lied On her Bobbi Althoff Gave Funny Marco Big Cash Gift & He Still Lied On her / News News Megan The Stallion Almost Booted From Instagram Over Racy Photo Megan The Stallion Almost Booted From Instagram Over Racy Photo / News News Rick Ross Responds To Watch Dealer Who Said His Watch Is Fake Rick Ross Responds To Watch Dealer Who Said His Watch Is Fake / News