s far as we know, Joe Biden is a multi-millionaire with no money troubles whatsoever. He’s also President of the United States, which means essentially every part of his life is financed at the highest levels.
et, according to Fox News, Biden took out a mysterious and very large line of credit against the equity in his Rehobeth Beach home. The house, which was purchased for $2.74 million in 2017, has secured the Bidens access to $250,000.
That came amidst multiple scandals, including the president’s illegal possession of classified documents and his son Hunter Biden’s legal troubles.
President Biden secured a $250,000 line of credit against his Rehoboth Beach, Delaware, home as his son, Hunter Biden, faces an investigation into his tax affairs and amid his own classified documents scandal, records obtained by Fox News Digital shows.
Biden acquired the six-figure home equity variable rate line of credit from M&T Bank on Dec. 5, 2022, Sussex County filings show. Biden and his wife, first lady Jill Biden, initially purchased the residence in 2017 for $2.74 million, according to county records.
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