Kardashians Need Help Funding Lavish Lifestyle?
Fans wonder if the Kardashians need help funding their lavish lifestyle. Khloe was the latest member to take out a loan on her home. They want properties in the same area. Yet, they need a little help with acquiring them. Keep on reading for the latest details.
Khloe Kardashian takes out a $7M home loan
Per the property records obtained by The U.S. Sun, Khloe Kardashian took out a $7 million home loan. She purchased her new $17 million mansion in the Hidden Hills, which is next to Kris Jenner’s same style home. The family loves to purchase homes or land just blocks away from each other.
Khloe put money down on a lot back in December 2020, where her new home was being built. This has raised eyebrows among fans. Khloe isn’t the only one who purchased a new home in that area. Kylie Jenner bought a $365. million mansions in the Holmby Hills neighborhood, which also isn’t too far. Fans wonder why they need so many properties.
Khloe purchased her property to rent it out in the event she leaves Los Angeles. She has been enjoying her time in Cleveland, Ohio with her on-and-off boyfriend and baby daddy, Tristan Thompson. Now, Khloe is joining her family with another property on the line.
She acquired a loan via business manager Louise Taylor and her Tri Star Sports and Entertainment Group. Louise previously worked on property deals for Kim and Kylie. She also has ties to Britney Spears. Critics claimed that Louise was involved with Britney’s 13-year-long conservatorship under her dad Jamie. Britney’s lawyers are still determining whether Louise and Jamie mishandled her finances during that time.
Kardashians have debts totaling $132 million
This doesn’t look good for the Kardashian family. Earlier this month, it was reported that they have debts totaling $132 million. They continue to buy home loans so they can have as many homes as they want. The reality stars are buying out the mega-mansions with large amounts of borrowing.
Back in February, Kim Kardashian borrowed a $48 million mortgage on her $70 million Malibu home, which she purchased in September 2022. It’s currently undergoing a renovation project. Kendall, Kylie, and Kourtney also have huge amounts of debt due to their homes. It seems like they need help to support their lavish lifestyles, which they love to flaunt on social media.
According to the property records obtained by The U.S. Sun, they have borrowed $132 million. While they purchased some of their homes outright, the same can’t be said for the other properties they continue to acquire. It’s unclear whether some of the loans have been paid back.
LA realtor Tony Mariotti told The U.S. Sun that there’s always a “risk” involved, but they could get returns on their investments. What are your thoughts? Do you think the Kardashians need help to fund their lavish lifestyle? Sound off below in the comment section.
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