Just guessing, because I don't know how finances work with the wealthy and connected folks like Biden, but I suspect when one is unemployed, a purchase like this requires cash. Or maybe just references who sit on the House or Senate Banking Committees. Maybe that works better than cash...
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Realtor in CA said it would $450,000 down at $2.5. I bet it went for around $3.5 Million.
You read my mind when you said it took a lot of Cash with his situation. Absolutely!
Over half a million.
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