Dwight Howard Bought $20M LA Mansion

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 5 years ago '10        #81
Ambassador 444 heat pts444
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$18,665 | Props total: 5 5
 Dee Grande said:
yall are acting like he just spent his last penny, or something. paying any amount of interest, when you don't have to, is dumb. and i'm sure he still has plenty of money left to "invest"

(apparently on boxden, you just press the "invest" button, and money starts raining from the sky )
I agree. Why have to pay any interest at all? Always avoid having to pay interest on a home or a car. Especially if you can afford to avoid it.

Who cares about investing. He probably will, but the amount of money Lakers will be offering him next season will be obscenely ridiculous. If anything, it's good he blew this much cash on a mansion. Forces the Lakers hand to offer him the max for sure.
 5 years ago '05        #82
Dun Language 3971 heat pts3971 OP
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$75,918 | Props total: 30289 30289
smh@this thread turning into some real estate experts sh*t.
 5 years ago '04        #83
killadre 229 heat pts229
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 .:RELOADED:. said:
clearly u dont know anything about real estate.....u can take loans on the equity value of your house

dwight having his house paid for can take loans of close to the value of his house (20 million) to invest money anywhere he chooses to


so yes like i said before buying the house in full is the best option if u can afford to do that
never mind no need to waste anymore time in this thread


[pic - click to view]

 5 years ago '06        #84
Mintz 12 heat pts12
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 NO RELIGION said:
In addition to the e-financial specialists we now have bx-mortgage brokers and bx-real estate consultants
i love BX
 5 years ago '09        #85
JewsusChrist 211 heat pts211
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$17,406 | Props total: 74 74
what one of the dudes said is right.....if dwight has the money he should pay up front

he has a lot of money coming in.......if he has the right accountants who advise him he most likely has majority of his money saved in CD account or something similar to that which gives u yearly interest just to have it there which in his case depending on how much he has....he can be making an extra 2-3 mill a year which will add up in the future
 5 years ago '08        #86
The N 467 heat pts467
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$45,553 | Props total: 17208 17208
Home next to Jay z next
 5 years ago '04        #87
albemarle 2 heat pts
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in this market man he should have found him a 20 million dollar house for about 10
 5 years ago '04        #88
GarySanchize24 239 heat pts239
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$55,720 | Props total: 13114 13114
 iNsane said:
Probably in like Oklahoma City or somesh*t
i was talking about Dallas. Property is cheap as fu*k there.
 5 years ago '05        #89
Hold That 103 heat pts103
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$36,735 | Props total: 12560 12560
So wheres the photo's of the mansion?
 5 years ago '04        #90
mistatnn 
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$5,466 | Props total: 2953 2953
 niceguy954 said:
20 mill thats your whole year salary..I would say max 5 mill. This is how they get fu*ked up after basketball. Taxes are going to be a bi*ch on that land..

and please don't tell me a 5 mill house won't be enough
Yea taxes and upkeep gonna be a big chunk! But hey if you got it, why not. Dont think it was the best investment though. My a.ss wouldve just got a condo that was 15-20min away from the area and just bought a house further out. But im a frugal type of dude. I dont have a sh*t load of millions either in the bank
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