The timing of the 2017 purchase of President Joe Biden’s beach house is raising eyebrows among Republicans investigating the Biden family.
According to a report in the U.K. Daily Mail, said that no mortgage was issued at the time Biden bought the $2.75 million home on June 8, 2017. That would mean Biden paid in cash with no borrowing.
The purchase came weeks before a July 30, 2017, WhatsApp message from Hunter Biden to his Chinese business associates demanding to be paid and adding, “I am sitting here waiting for the call with my father.”
The deal Hunter Biden wanted to close was worth $10 million a year.
EXCLUSIVE: Joe Biden paid nearly $2.75 million CASH for Rehoboth Beach house within weeks of Hunter sending 'threatening' text to Chinese business partner demanding to close $10million deal
Joe Biden bought his six-bedroom Rehoboth Beach house in June 2017 for $2,744,001 cash
The…— Tom Fitton (@TomFitton) October 22, 2023
Earlier this year, House Oversight Committee Chairman Rep. James Comer of Kentucky said that between 2015 and 2017, the Biden family received about $1.3 million from a deal Hunter Biden and his associates struck with a Chinese company, according to a news release on the committee’s website.
In May, a news release from the committee said that bank records show the Biden family received as much as $10 million from various foreign interests.
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