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https://www.allhiphop.com/ti
Birdman Defaults On $12 million loan
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(AllHipHop News) Financial issues continue to plague Bryan "Birdman" Williams, the co-CEO of Cash Money Records.
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According to a lawsuit filed against the hip-hop mogul, Birdman is in danger of losing his $14 million dollar Miami mansion, because he is defaulting on a huge loan.
According to reports, Birdman borrowed $12 million dollars from a company called EMG Transfer Agent in 2015 and put up his lavish Miami estate as collateral.
Unfortunately, Birdman is falling behind on his payments, and has defaulted on the loan.
Birdman is currently trying to sell the mansion, which owned by super producer Scott Storch, who sold it to RockStar energy drink boss Russell 🤬 for just $7 million, when Storch was a cash crunch.
🤬 flipped the mansion, which has 9 bedrooms, 17 bathrooms, a huge pool and breathtaking views of Miami, to Birdman for $14.5 million in 2012.
The same year, Birdman's brother and Cash Money co-CEO Slim, purchased the biggest house in South Florida from the founder of Mattress Giant, for $7.5 million dollars in cash.
Unfortunately for Birdman, his house is still on the market with a $16.9 million dollar asking price as he fights off his creditors.
https://www.themaven.net/allhiphop/news/birdman-could-lose-mansion-for-defaulting-on-12-million-dollar-loan-y4QXUIIztEyMVJaFtf4uKQ
This Entrepreneur Is One of the 1st Canadian Ford GT Owners and You Probably Don’t Know Him Sponsored Content
This Entrepreneur Is One of the 1st Canadian Ford GT Owners and You Probably Don’t Know Him
by Ford Canada
According to a lawsuit filed against the hip-hop mogul, Birdman is in danger of losing his $14 million dollar Miami mansion, because he is defaulting on a huge loan.
According to reports, Birdman borrowed $12 million dollars from a company called EMG Transfer Agent in 2015 and put up his lavish Miami estate as collateral.
Unfortunately, Birdman is falling behind on his payments, and has defaulted on the loan.
Birdman is currently trying to sell the mansion, which owned by super producer Scott Storch, who sold it to RockStar energy drink boss Russell 🤬 for just $7 million, when Storch was a cash crunch.
🤬 flipped the mansion, which has 9 bedrooms, 17 bathrooms, a huge pool and breathtaking views of Miami, to Birdman for $14.5 million in 2012.
The same year, Birdman's brother and Cash Money co-CEO Slim, purchased the biggest house in South Florida from the founder of Mattress Giant, for $7.5 million dollars in cash.
Unfortunately for Birdman, his house is still on the market with a $16.9 million dollar asking price as he fights off his creditors.
https://www.themaven.net/allhiphop/news/birdman-could-lose-mansion-for-defaulting-on-12-million-dollar-loan-y4QXUIIztEyMVJaFtf4uKQ
Comments
or maybe it doesnt sound like alot for south florida.
or maybe me headache is speaking
The real bankrupt too where hes going broke and not just so he can hide money lol
Cuuuuuuuuuuuuuz all my money's spent
Loan me $500 then pleighboi LOL
if they do, it'll be at a the benefit of their pockets. They aint losing that money, you know this
"WHAT MORE DO YOU WANT FROM ME?!?......pleighboi"
bruh.....if someone says 7.5 dont seem like alot not more....you ask for only $500?
expand ya mind........🤬 ask for like $5000. that would be more like it.
but nah......i aint got it homie....lol
Lmfao!! If it's one thing Ross is good for, it's a damn good laugh
Aye bruh, the jig is up.
Fixed