Apparently, ballers don’t take out 30 year mortgages. Cash Money Records founder Bryan “Birdman” Williams took out a $5M loan to renovate his Miami mansion, and he has to pay it back after a year.
Reports TMZ:
TMZ obtained loan docs connected to Birdman’s sick Miami mansion — the one he bought for $14.5 million in 2012 — and he’s taking out the $5 mil against the house to do “interior remodeling” that will require construction, painting … and lots of marble and stone work.
He’s already posted renderings on Instagram of some of the work he has planned, including a shot of a $250,000 chandelier.
One last super baller part of this deal — Birdman has ONE YEAR to repay the loan. Enjoy your 30 year mortgage!
How many of the artists that claim Cash Money stiffed them on royalties will be invited to come check out the crib? Just asking.
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Photo: Instagram
