(EXCLUSIVE) Money Troubles for Birdman? Music Mogul Takes Out 12 Mill Loan on Miami Estate

March 23, 2015 by Kellie Williams in Latest News with 4 Comments

theJasmineBRAND.com exclusively reports, Young Money CEO Birdman has been accused of screwing over everyone from the IRS to Lil Wayne out of money and that makes it even more interesting that the rapper/producer recently took out a 12 million dollar loan on his Miami mega-mansion.

According to docs filed in Florida Court on March 16th, Birdman (real name Bryan Williams) signed a mortgage agreement with Chemtov Mortgage Group to take out a 12 million dollar loan.

The agreement states the company will loan Birdman the 12 mill and if he defaults they will foreclosure on his Florida mansion. The deal states that Birdman could not have any

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Tags: baby, birdman, exclusive, Exclusives, music, music news, recommend

Authored by: Kellie Williams

http://thejasminebrand.com

There are 4 comments for this article

bub March 23, 2015 at 10:50 am

This dude knew he couldn’t afford the mansion when he/she moved in. #Sad living above your means.

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Sunni March 23, 2015 at 11:15 am

We are witnessing the fall of Cash Money Records.

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steven March 25, 2015 at 9:27 am

I just read an article where he’s labeled one of the richest rappers of 2015 net worth 170 million there’s no way he’s even close to being broke someone should really get their story straight

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david March 25, 2015 at 12:52 pm

Wayne is about to take this nigga for a run for his money

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