50 Cent finally sells his Connecticut mansion

[really tho]

i'm gonna be eating popcorn watching behind the music: the rise and fall of 50 cent...just because he's an arrogant prick until the very end....and, he killed hiphop

This video sums it up perfectly

 

[ORDER_66]

Dying at this shyt. It says right in the OP that he paid $4 million and dude saying he didn't?

50 Cent stans fukking delusional.... he didnt pay for the house.... Clearly he did if he paid for the renovations and monthly upkeep and property taxes.

....But... But... but he didnt pay for the house...

 

[Dre Space Age]

Renovations = buying Yayo a bunk bed & a clothes hamper.

 

[Arc]

tbh 4m isn't much for a celeb of 50's status. He didn't need that place and also invested way too much in it. Also no one cares about house in Atl or Georgia of anything outside of la NYC and Mia. Celebs want to be in the scene. You broke nikkas keep talking about Georgia. Shut up

 

[ORDER_66]

tbh 4m isn't much for a celeb of 50's status. He didn't need that place and also invested way too much in it. Also no one cares about house in Atl or Georgia of anything outside of la NYC and Mia. Celebs want to be in the scene. You broke nikkas keep talking about Georgia. Shut up

Yeah, aight breh.... Be like 50 and take that real estate L.... They wanna be part of the scene.... Thats why 50 in trouble now always with that pathological need to be in the spotlight ass nikka....

 

[Jahbarri]

Lol nikka talkn about yearly feees and upkeep.

I guess if I buy a car and sell it, I should factor in the cost that I bought that car + gas + insurance I paid on it too huh?

Compare a car to 10M estate brehs. Log out and go stand in the corner fukkboi

 

[Olu Dara]

Mortgage.... refinancing... lol at people thinking 50 dropped $4M at one time.

Mortage? He took a loan for the house even tho he had the cash? If he indeed did that he's even more stupid then I thought.

Or maybe it's just you talking out of ya ass

 

[JahFocus CS]

"Never the King of New York, you live in Connecticut"

 

[pickles]

Mortage? He took a loan for the house even tho he had the cash? If he indeed did that he's even more stupid then I thought.

Or maybe it's just you talking out of ya ass

What is stupid about that? You think just because rich people have money they write checks for the full amount ( )

Even Mark Zuckerberg took a loan for his house. You build up credit etc.

 

[Olu Dara]

What is stupid about that? You think just because rich people have money they write checks for the full amount ( )

Even Mark Zuckerberg took a loan for his house. You build up credit etc.

Why would you pay interest for a loan you don't need when you already have the money in cash?

Maybe I'm wrong tho

 

[Feed-Me]

Why would you pay interest for a loan you don't need when you already have the money in cash?

So you have more liquid cash available for more investments. Why tie up 4mil for example in one property when you can use that 4mil to get 10 properties, that if leased and are generating income and pay for themselves?

 

[ORDER_66]

So you have more liquid cash available for more investments. Why tie up 4mil for example in one property when you can use that 4mil to get 10 properties, that if leased and are generating income and pay for themselves?

But he lost money on the house tho.... no matter if he got a loan or paid for it outright otherwise.

 

[Momentum]

Mortage? He took a loan for the house even tho he had the cash? If he indeed did that he's even more stupid then I thought.

Or maybe it's just you talking out of ya ass

???? Why would he dump $4M at the height of his career? He had the cash coming in to pay the mortgage comfortably and use that lump sum instead to put out G Unit clothing, BANK$, etc. and make a greater return and see it back in a few months.

I should speak to people who don't have a degree in this smh....

 

[Momentum]

So you have more liquid cash available for more investments. Why tie up 4mil for example in one property when you can use that 4mil to get 10 properties, that if leased and are generating income and pay for themselves?

Thank you!

 

[Feed-Me]

But he lost money on the house tho.... no matter if he got a loan or paid for it outright otherwise.

What does that have to do with what I said? Not every investment is a good one. I just explained why the wealthy still get loans