Joe is financially incompetent and in control of our tax money
It doesn’t make a lot of sense unless they were desperate for cash,’ a finance expert told DailyMail.com.
…According to the mortgage documents, the president and first lady purchased their current four-acre lot for $350,000 in March 1996 but have since saddled it with 20 different home credit agreements and mortgages totaling $4.23million.
…The Bidens also own a summer home in Rehoboth Beach, which they scooped up in in June 2017 for $2,744,001, according to Sussex County public records.
That property, however, has no mortgages attached to it and was revealed last year to have been a cash purchase.
Joe and Jill Biden have been using their Delaware house for fast cash – refinancing 20 times with loans totaling $4.2M since buying the $350k home | Daily Mail Online