80-year-old comedian Bill Cosby seeking a hard money loan to pay mounting legal bills...
Insiders tell Page Six TV
“Cosby is looking for a $30 million hard money loan against [his upper east side townhouse]. Which means Cosby must be desperate because the banks won’t give him money. Hard money loans have high interest rates and are usually repaid in a short time, such as a year.
“But the lenders aren’t keen to give Cosby the money because they don’t think he has enough equity."Bill Cosby is facing retrial in the 2005 sexual assault of former Temple University employee Andrea Constand after the first trial ended in a hung jury [click here if you missed that].
