Dwight bought a $20 million mansion in LA, cash.

MegaTronBomb!

Power is in my hair nikka
Joined
May 1, 2012
Messages
14,446
Reputation
2,660
Daps
45,105
Reppin
From The Westside With Love
Get a mortgage, put the rest in the market and the interest gained > the interest paying the bank, or so I was taught

:rudy:

why would a nikka who has that much money do something like that?

the financial decisions and thought process of a 45k a year nikka aren't the same as someone who's made 83 Million off NBA Salary.
 

Fckumeen

Superstar
Joined
Apr 30, 2012
Messages
15,991
Reputation
1,728
Daps
32,085
Reppin
Over There...
30623221.gif
 

alpo

Dade County carol city
Supporter
Joined
Apr 30, 2012
Messages
16,390
Reputation
644
Daps
38,228
Reppin
Carol city

:rudy:

why would a nikka who has that much money do something like that?

the financial decisions and thought process of a 45k a year nikka aren't the same as someone who's made 83 Million off NBA Salary.

:bryan: thank you
 

Bilz

Superstar
Joined
May 2, 2012
Messages
16,164
Reputation
1,365
Daps
37,354
Reppin
Los Angeles
I don't know why anyone is using this to predict whether he is or isn't staying. If you're paying cash for a house, it's not exactly a long term investment.
 

MustafaSTL

Achievement In Every Field of Human Endeavor
Joined
May 1, 2012
Messages
18,312
Reputation
4,479
Daps
56,181
I don't know why anyone is using this to predict whether he is or isn't staying. If you're paying cash for a house, it's not exactly a long term investment.

Yeah most people who pay $20 million for a house don't have any plans on living there one year later.
 

mr_metoo

**** you
Joined
May 28, 2012
Messages
940
Reputation
10
Daps
604
Reppin
bar
I don't know why anyone is using this to predict whether he is or isn't staying. If you're paying cash for a house, it's not exactly a long term investment.

You a dumb nikka. The type of taxes he would have to pay on that would be ridiculous, not to mention he would lose millions on selling it.

Sent from my phone
fukk you
 

backbreaker65

All Star
Joined
May 1, 2012
Messages
4,682
Reputation
-415
Daps
10,399
Reppin
The Passage of Time
Oprah Winfrey Said this in the '90's

If you are a multimillionaire, If you can buy it, buy it, never get a mortgage. It is easier to budget when you have less things to account for, and paying cash eliminates the bank fees i.e. interest and finance charges, which could make your 1 dollar home cost you 10 dollars. OWNERSHIP, is better than being tethered to a 10/30 years worth of payments. Plus you can close fast when you pay cash.
 
Top