Rapper the Birdman is forced to give up his $12,000,000 Mansion after failing to pay his loan.
Rapper the Birdman has been going to blows with rapper Rick Ross after he exposed Birdman for not paying LiL Wayne and claiming that Birdman failed to pay his debts, such as a $12,000,000 loan for the Mansion he was living in. Well documents have emerged and realtors are selling the rap moguls mansion which is listed at around $16,00,000 on Zillow.com and Estately. The house which the properties are currently listed on is for sale. They are owned by a bank or a lender who took ownership through foreclosure proceedings. These are also known as bank-owned or real estate owned (REO) which are Coming Soon claims Zillow. If qualified your mortgage price per month for just the house would be around $26,000 and that doesn't include the tax, house insurance and cost to maintain the property which would bring you up to around $35,000 a month and around $280,323 in yearly property taxes when all said and done. For right now Rick Ross has not yet responded but we are sure to hear some kind of beef soon between them as the Boss has been on Birdman's tail for non payment to other rappers.
The house listings say to come check out A rare opportunity in prime Miami Beach, situated prominently in The Estates Section of Palm Island, lies this gorgeous estate featuring a grand, seven-bedroom, eleven-bathroom residence with expansive grounds, pool and volleyball court. The elegant floor plan is ideal for a sophisticated but comfortable lifestyle. The dramatic foyer flows to the formal living room, large family room, formal dining room and gourmet kitchen. The master suite features dual bathrooms with walk-in closets, a separate sitting area or office, and a lovely private balcony. The gated property also features a circular driveway and garage with direct access. This sought after location is minutes from the center of South Beach, Design District and Bal Harbour.This is one of the most luxurious places to live and was even a neighborhood to Al Capone at one time which draws many tourists to come check out the site.
EMG Transfer Agent filed a foreclosure lawsuit Nov. 30 against CM Spirits LLC, Criteria Operations LLC and Williams, targeting the 19,970-square-foot house at 70 Palm Ave. and the 26,040-square-foot office building at 1755 N.E. 149th St. The office building is the home of Birdman’s Hit Factory Criteria Recording Studios, where artists such as Destiny’s Child, Lil Wayne, Funkmaster Flex and Juvenile have recorded claiming they want full payment or ownership of the house. Now the house is listed for sale and multiple realty sites for the public to see. Bryan “Birdman” Williams is a rapper, co-founder of Cash Money Records, and philanthropist whose net worth is $180 million, according to Celebrity Net Worth. While he brings in a fair share of wealth from his own albums, the bulk of his profits come from the success of his label.