Young Thug Owes $2.2 Million In House Payments

BYMitch Findlay19.3K Views
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Young Thug being sued over 2.2 million in overdue house payments.

Jeffery might be in some legal trouble. The Atlanta-based rapper has recently been sued by Heritage Select Homes LCC over $2.2 million in unpaid house payments. The Atlanta Journal Constitution reports that  Thug placed a “balloon promissory note” on the home on Sept. 19, 2016. In layman's terms, the rapper was supposed to make payments over the months, culminating in a massive payout. The ATJ states Thug was "scheduled to pay a total of $86,500 on Oct. 19; $86,033 on Nov. 19; $150,567 on Dec. 19; and then two more payments of $14,667 in January and February. On March 19, he was supposed to pay a sum of $2,214,667 on the home."

Young Thug failed to pay up the final payment, and was sued as a result. Was it worth it? The house apparently contained an indoor pool and hot-tub, six bedrooms, 11 bathrooms, a bar, a theater room and a four-car garage. One wonders why somebody would ever need eleven bathrooms, but then again, why not. 


Young Thug

Young Thug Owes $2.2 Million In House Payments
About The Author
<b>Feature Editor</b> <!--BR--> Mitch Findlay is a writer and hip-hop journalist based in Montreal. Resident old head by default. Enjoys writing Original Content about music, albums, lyrics, and rap history. His favorite memories include interviewing J.I.D and EarthGang at the "Revenge Of The Dreamers 3" studio sessions in Atlanta and receiving a phone call from Dr. Dre. In his spare time he makes horror movies.
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