Monday, July 17, 2017

Lamar Odom Hard Up for Cash?


Over the last few months Lamar Odom has been desperately trying to unload his Miami mansion after slashing the price several times [click here if you missed that].

Apparently the sale is not happening fast enough...

According to reports Lamar Odom just took out a $2.4 million mortgage on the property after deeding it to an LLC he owns.

The house is still very much for sale with an asking price of $4.5 million.

Lamar purchased the home in 2003 for $3 million.

7 comments:

Anonymous said...

Why are people so quick to believe celebs are broke? Just look at any article about Nene Leakes or whomever.
These people have expensive lifestyles that they work hard to maintain, sometimes a money oppurtunity is a money opportunity.

Anonymous said...

I believe that he is broke. Not "broke broke" like an average person, but rich ppl broke, as in he prob has a few assets but no cash. He doesn't play ball anymore and has no endorsement deals bringing in money. His show with the his ugly ex wife isn't on the air and not in syndication. His lifestyle on top of his drug addiction, I believe he is cash poor.

all that to say I don't feel bad for him at all. He had everything and chose drugs.

Anonymous said...

If you can't pay your bills, or your debts exceed your assets, then you are BROKE.

There is no "rich people broke" or "broke people broke".

Anonymous said...

Lamar has substantial assets so he is not "broke" Broke is you getting your hair did then dining of off the dollar menu at Mcdonalds.


that's all

Anonymous said...

@12:29

Can he pay his bills? I'll wait...

Anonymous said...

Spirit broke, yes. Looking like he living in the sunken place right now.

Anonymous said...

Broke is not having liquid cash. If it's better to have your hair done for a job, interview, and eat at Mcdonald's, that's a priority call. people who handle their business make that call all the time. Some call it hustling.

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