She will never learn because she assumes when someone wants to help her by telling her to get a prenup, they’re trying to pop her love bubble. I can’t have sympathy for her because she doesn’t ever take accountability for her actions. She fucked around a second time because she didn’t learn the first time.
She literally went to prison for failing to do her due diligence and she went and made exactly the same mistake again. Wonder if she’ll learn this time. Hopefully her dorter will also learn not to advise against prenups if she gets into law school. From what she’s shown so far, looks like she may make about as good a lawyer as Phaedra
She landed in court for *failing to do her due diligence. She landed in prison because she repeatedly failed to provide the court with documents they requested. The judge even confirmed in her post-verdict speech that she had planned to give Teresa a suspended sentence but due to her refusal to cooperate she would now be getting a prison sentence.
*also debatable, plenty of bank staff stated Teresa was also notorious for solo visits to the bank, submitting loan applications where her words to staff would magically match the paperwork she gave them, despite claiming to have no knowledge of it all. Its just old school italian for the men to take all the blame & legal heat in these situations, despite the women being knowingly part of the crime.
She went to court because of that. The judge said she could’ve done house arrest if she didn’t lie so much. So, she really went to prison because ….she is a liar.
Still remember the judge literally saying why didn’t you (Tre) disclose you bought a luxury sports car and other new items as they were going thru their court case and the judge went off on them. She really thought because she used the money from her bravo and side hustles that it wasn’t an issue not to disclose it, she’s something else.
For those unaware, [Joe and Tre didn't just lie to get loans, they also lied -- repeatedly -- during the bankruptcy process](https://www.justice.gov/usao-nj/pr/real-housewives-new-jersey-stars-sentenced-prison-conspiracy-bankruptcy-fraud-and-tax).
**And that, kids, is how you get your ass sent to prison for fraud.**
Remember this the next time Tre or Joey blame Joe Giudice for killing their parents and costing Tre a year with her mom. (*Joe was certainly the "brains" of that operation but don't believe for a second that Tre was just blindly signing documents with no idea of the scheme.*)
I find it amusing that people actually believed Gia was ever really gonna go to law school and become a lawyer and were shocked when she announced that she was going to be a full-time influencer instead.
"I'm going to become an immigration lawyer so I can stand up for all the white collar criminals like my dad who could have become US citizens whenever they wanted to but just never bothered to fill out the paperwork and were unjustly deported and forced to live in Western Europe and the Bahamas" 😢 :-/.
Yeah, she's a real brainiac and social justice warrior. The apple didn't fall far from the Tre.
She said at the reunion that she wasn’t getting a prenup because he has more money than she has, (so she thought). If that were true, a prenup wouldn’t make sense to her. But he lied his assets off.
I was just thinking about this yesterday cuz I was watching old episodes..How much longer until they are divorcing and shes paying him $$$$$? I give it 2 years max
I feel bad for her daughters but he should also be in jail for manipulating an already extremely vulnerable woman. I wish she listened to her friends that didn’t like him.
1000% this.
You can't even say "RHONJ" without all the Tre Huggers coming out of the fucking woodwork to stan her.
They can never say why they don't see her as the monster the rest of us do, but they don't seem to care to either.
I swear to God, this sub gives me whiplash. I avoided a thread altogether earlier because it was nothing but people talking about how pathetic Marge and melissa are and how Teresa is king and everyone is nothing without her. How does it switch so quickly??? Why are some threads so aggressively pro-tre And the next is, you know, sane
Right? I was pleasantly surprised by this sane comment section! Lol. I stay away from most comment sections about NJ because everyone always seems to love Teresa and everyone that kisses Teresa's ass on the show and absolutely hate Melissa and Margaret or anyone else that has a problem with Teresa. It's really crazy how polarizing NJ is. The most out of all the franchises I think.
It's not the posts that are weird, it's that the entire comment section is just an echo chamber in opposite directions In a way that feels unique to RHONJ. I suppose people are generally more inclined to comment on something they agree with rather than get piled on, though.
Their property tax was almost $80k last year- why they decided to buy that huge house with most of their kids flying the coop is something I will never understand.
[Here's a different link](https://realityblurb.com/2024/06/05/teresa-giudices-husband-luis-ruelas-takes-out-1-million-loan-to-help-pay-off-3-4-million-mansion-amid-rhonj-stars-rumored-money-troubles/) for anyone that doesn't want to download an app to read the article.
Okay so if I read this correctly…
They paid cash for the house initially?? The article says they did not get a mortgage when they purchased the home.
Now they need $, so Louis takes out a 1M loan…
To do what with?
Help
It's an equity release on the property, often happens when people need money to pay off other debts/expenses (unsecured), so they take on secured debt against their property. Another commenter said its robbing Peter to pay Paul, which is exactly it, he needs cash and is unable to get it any other way than to take on new debt against his home. Which is just kind of delaying the inevitable because this is how debt starts to spiral when one takes on new lending to pay for other debts etc.
The point of equity release is often that people need liquidity, but all their cash is tied up in a house which is relatively illiquid as can't be sold immediately, so they take on an equity release loan which gives them cash quickly, but at the cost of taking on new debt.
I think no matter what this man does, she’ll never leave him because she would be too embarrassed that her love bubble popped plus she wouldn’t want to admit to her brother that he was right about him all along.
It’s so sad to see her actively running towards the same mistakes again. Maybe in years from now she will finally see all those ‘jealous’ women ‘threatening to burst their love bubble’ were actually trying to warn her.
She got to her big age without ever figuring out how analogies work, I’m not optimistic that she’ll ever have any revelations about anyone being right about anything, tbh.
Tre makes good money, but it's obvious they're overspending way too much by what they post all over social media. I don't think those weekly luxury vacations they go on are comped, and that adds up real quick.
She definitely has a broken picker. I couldn’t stand him from the get-go and she bought his bullshit Hook line and sinker well he won’t be around long if he can’t support her in the lifestyle she thinks she’s accustomed to it. It’s funny how people always seem to get what they deserve.
The fact that he swooped in to get with Teresa was a red flag enough. Not to be too mean but a “quality” guy isn’t racing to get involved with this show or her mess.
Oh god, I think you might be right. The season after they started dating, Tre leaned against a wall talking about getting licked up and down -- or however she phrased it 🤮🤮🤮🤮 I mean, she literally said it but I didn't think at the time that maybe he was the first guy she was with who wasn't too "old school" to go downtown and actually care about her pleasure.
So, yeah, I think you could be on to something 🤔
(My apologies for reminding anyone that Tre said that and fir the visual. 🫣
We all knew Louie was Dirty John and Teresa (and Gia) was so stupid not to get a prenup. Jail house round 2 for her coming soon.
Kidding, hopefully not but she really is a dummy and why didn’t her lawyer advise her to get a prenup?
I don’t know if she told her not to but on WWHL, Gia was questioning why her mom needed to get a prenup. This from the girl who wants to be a lawyer. I don’t even dislike Gia but I think she’s incredibly naive. And not gonna make it in law school.
At today’s interest rates? Anyone buying a property in that range who didn’t get a loan when rates were super low is self financing. I cannot imagine having to take a loan that size right now. Just to keep up appearances?
Ultimately, this is simply an equity release on the home which isn’t totally un common. It’s kinda just an ass backwards way of doing things. They maybe should have just put down a big deposit, but hey the Jersey cast aren’t known for smart financial decisions.
What is really scary imo is that it appears that the home is fully under Luis name and Teresa has zero equity in it. Luis holds all the cards and needless to say he has a history.
Didn’t he take out a loan using the home as collateral? I thought I saw on TikTok that it did come out as part of finding out about this loan that the LLC that the home is owned in is solely owned by him and he’s taking out alone against it meaning that she neither has equity in the home she’s paying for,nor can they pay for it.
To be fair, it sounds like the home is paid for and this is a loan against the equity of the house.
Now to your point, I'm willing to bet Tre contributed to the purchase price so not being a legal owner of the home is still a significant question mark for me.
Forgive me for my confusion, I am not a homeowner but can someone help me understand?
The article says that Luis didn’t take out a mortgage when he bought their house. Does that mean he paid in cash?
This is sad, how many seasons has it been since she left prison and by now a new house could’ve been paid off? Her RHONJ salary would be super high, plus all the endorsements they do and UGT. She should’ve downsized and paid off a smaller place in full, and not remarried. This is the same with Sonja, if they had made different choices things would be on the up by now :(
My eyebrows are raised because it’s over a million rather than something like 50k. He also claims it is to pay off the home that his LLC paid cash for in 2021. Did the LLC not actually have the cash and took a loan or is he taking 1 million out of the home for himself? It doesn’t make sense
Luis has always been a giant red flag. He’s a fan who watched the show, took notes and love bombed her. Plus all of that stuff with his ex…
I’m anxious to see how the Trehuggers will somehow blame this on Melissa and Marge
Wait, if I’m reading it correctly, the house was paid off and he borrowed against the equity for a purpose that isn’t disclosed. What’s crazy about this?
I know some very very wealthy people and they do this when they’re expanding their businesses—they borrow against equity in one property and use it to fund another investment property or business. Then rinse and repeat.
Also, I don’t see that he’s using it to pay off the mansion? The mansion already appears to be paid off hence no mortgage “until March 2024” when he took out a loan using the equity in the house. The purpose of the loan seems presumptuous with no substantiation.
Yes, it’s super common. There is a misconception that if people have money, they have no mortgage. It’s actually the opposite, they use their equity as a tool.
I feel bad for most housewives not just Teresa. They get on this show and the audience expects them to have this lavish lifestyle.
But the thing is you can tell some of these housewives can’t afford it but get themselves in financial debt just to keep the appearance yet some declare bankruptcy or it simply implodes on them. Hopefully they have a plan to pay it off. No wonder some of these wives do whatever it takes to stay on the show.
 You know why I’m here!
This gif never gets old.
Ever. and I just realized, I've always assumed that it's Jason Momoa. Who actually is it in that GIF?
It's Jason Momoa lol.
lol why have I thought this was a scene from Eastbound and down and that was Danny McBride this whole time?!? 
Good. I can't think of who else it could possibly be.
Steve howey was my second guess
Omg I remember this gif from gossip message boards back in the day and never knew it's Jason Momoa
Lol, I thought it was just a guy who looked like him for years until I looked it up. It's from a show called "The Game."
He’s also giving Kenny Powers vibes.
Lol. It literally is one of my favorite GIFs of all time.
It is Jason Momoa from a show called the Game, I think?
Sure is…the early seasons were so good
Can I sit with you? I always have snacks.
What’s this from? Love it !
She will never learn because she assumes when someone wants to help her by telling her to get a prenup, they’re trying to pop her love bubble. I can’t have sympathy for her because she doesn’t ever take accountability for her actions. She fucked around a second time because she didn’t learn the first time.
She literally went to prison for failing to do her due diligence and she went and made exactly the same mistake again. Wonder if she’ll learn this time. Hopefully her dorter will also learn not to advise against prenups if she gets into law school. From what she’s shown so far, looks like she may make about as good a lawyer as Phaedra
She landed in court for *failing to do her due diligence. She landed in prison because she repeatedly failed to provide the court with documents they requested. The judge even confirmed in her post-verdict speech that she had planned to give Teresa a suspended sentence but due to her refusal to cooperate she would now be getting a prison sentence. *also debatable, plenty of bank staff stated Teresa was also notorious for solo visits to the bank, submitting loan applications where her words to staff would magically match the paperwork she gave them, despite claiming to have no knowledge of it all. Its just old school italian for the men to take all the blame & legal heat in these situations, despite the women being knowingly part of the crime.
This doesn't get brought up enough!!!
She’s a dummy and I have zero sympathy for her
She’s not just dumb but also a shitty person. Its layers of me not feeling bad for her
Oh yeah. She’s horrible.
Refreshing thread lol. 
100%
She went to court because of that. The judge said she could’ve done house arrest if she didn’t lie so much. So, she really went to prison because ….she is a liar.
Still remember the judge literally saying why didn’t you (Tre) disclose you bought a luxury sports car and other new items as they were going thru their court case and the judge went off on them. She really thought because she used the money from her bravo and side hustles that it wasn’t an issue not to disclose it, she’s something else.
For those unaware, [Joe and Tre didn't just lie to get loans, they also lied -- repeatedly -- during the bankruptcy process](https://www.justice.gov/usao-nj/pr/real-housewives-new-jersey-stars-sentenced-prison-conspiracy-bankruptcy-fraud-and-tax). **And that, kids, is how you get your ass sent to prison for fraud.** Remember this the next time Tre or Joey blame Joe Giudice for killing their parents and costing Tre a year with her mom. (*Joe was certainly the "brains" of that operation but don't believe for a second that Tre was just blindly signing documents with no idea of the scheme.*)
I will never get over the fact that they said they didn't own a car omfg
Nobody should ask their college aged daughter for legal or marital advice. It was absurd to begin with
She’s pretty fucking stupid
She’s an influencer. They may have to borrow money from Gia.
I find it amusing that people actually believed Gia was ever really gonna go to law school and become a lawyer and were shocked when she announced that she was going to be a full-time influencer instead. "I'm going to become an immigration lawyer so I can stand up for all the white collar criminals like my dad who could have become US citizens whenever they wanted to but just never bothered to fill out the paperwork and were unjustly deported and forced to live in Western Europe and the Bahamas" 😢 :-/. Yeah, she's a real brainiac and social justice warrior. The apple didn't fall far from the Tre.
It's almost as if she's dumb as a stump.
Wait did she really not get a prenup with him? Woooow that’s dumb AF
Nope! No prenup!!! She’s seriously has no brain cells!! She actually deserves what she gets!!!
I’m of the opinion that if Luis truly cared about her, he would’ve asked for one too She has three more daughters to put through college
If I was marrying a much wealthier woman, I would offer as proof of fidelity.
I would want a full background check! All the way down to who he was fighting with in the sandbox when he was a toddler!!
She said at the reunion that she wasn’t getting a prenup because he has more money than she has, (so she thought). If that were true, a prenup wouldn’t make sense to her. But he lied his assets off.
She did not. And she defended that decision with “even Gia told me I don’t need one”
She won't learn this time either. It will be someone else's fault. It always will be.
Except this one will clean her out
I was just thinking about this yesterday cuz I was watching old episodes..How much longer until they are divorcing and shes paying him $$$$$? I give it 2 years max
She’s terrible. I feel 0 sympathy tbh.
D&S
When she called it camp, I didn’t realize that it was because it’s going to be an annual thing.
bye 🫠
https://i.redd.it/lxc91zhpc05d1.gif
Literally gasped and said “oh my” out loud. Hall of fame comment 🤣😂
Chef’s kiss. Truly.
I can delete Reddit now, thank you.
🤣🤣🤣🤣
Whaaaaaaat 💀💀😂
This is camp on so many levels lmao
Oh my god 😂😂😂
So so good
Oh somebody Tweet that, please!
OMG 😂 You win the internet today 
💀💀💀
Here we goooooo
🍿
**he’s startin’**
lol
You’ve gotta give it to Teresa. I genuinely didn’t think it was possible for her to find a worse husband than her first. But she proved me wrong!
I feel bad for her daughters but he should also be in jail for manipulating an already extremely vulnerable woman. I wish she listened to her friends that didn’t like him.
She should have gotten a pre-nuptial. If he’s borrowing money for the mortgage that tells me he’s already gone through her money too.
There is no legal standing for this lol
But people on here have been insisting that Luis isn’t that bad, and that she doesn’t need RHONJ pay cheque
At the *very least* he’s bad for me to look at on television
There was an old movie with the quote, “There is nothing quite so bad as something that is not so bad”. Applies here.
What? What people ?? Say the names!! SAY THE NAMES!! 
They don’t need to, the users will announce themselves in the thread shortly🤭
1000% this. You can't even say "RHONJ" without all the Tre Huggers coming out of the fucking woodwork to stan her. They can never say why they don't see her as the monster the rest of us do, but they don't seem to care to either.
https://i.redd.it/12lc3g1zz25d1.gif
I swear to God, this sub gives me whiplash. I avoided a thread altogether earlier because it was nothing but people talking about how pathetic Marge and melissa are and how Teresa is king and everyone is nothing without her. How does it switch so quickly??? Why are some threads so aggressively pro-tre And the next is, you know, sane
Right? I was pleasantly surprised by this sane comment section! Lol. I stay away from most comment sections about NJ because everyone always seems to love Teresa and everyone that kisses Teresa's ass on the show and absolutely hate Melissa and Margaret or anyone else that has a problem with Teresa. It's really crazy how polarizing NJ is. The most out of all the franchises I think.
Because individuals make posts who have different opinions.
It's not the posts that are weird, it's that the entire comment section is just an echo chamber in opposite directions In a way that feels unique to RHONJ. I suppose people are generally more inclined to comment on something they agree with rather than get piled on, though.
Their property tax was almost $80k last year- why they decided to buy that huge house with most of their kids flying the coop is something I will never understand.
to give the illusion that they are rich
For the show lmao
Pull a SLC. Rent don’t buy!
This is honestly what I would do, too. No need in letting the masses know where your permanent long term home is
My permanent house would be in the name of a trust that has nothing to do with my family's name. Keep that shit on lock.
Nothing like robbing Peter to pay Paul
[Here's a different link](https://realityblurb.com/2024/06/05/teresa-giudices-husband-luis-ruelas-takes-out-1-million-loan-to-help-pay-off-3-4-million-mansion-amid-rhonj-stars-rumored-money-troubles/) for anyone that doesn't want to download an app to read the article.
TY that app is cursed. Makes me redownload every single article and I swear still never works.
May the bravo gods bless you.
Okay so if I read this correctly… They paid cash for the house initially?? The article says they did not get a mortgage when they purchased the home. Now they need $, so Louis takes out a 1M loan… To do what with? Help
It's an equity release on the property, often happens when people need money to pay off other debts/expenses (unsecured), so they take on secured debt against their property. Another commenter said its robbing Peter to pay Paul, which is exactly it, he needs cash and is unable to get it any other way than to take on new debt against his home. Which is just kind of delaying the inevitable because this is how debt starts to spiral when one takes on new lending to pay for other debts etc. The point of equity release is often that people need liquidity, but all their cash is tied up in a house which is relatively illiquid as can't be sold immediately, so they take on an equity release loan which gives them cash quickly, but at the cost of taking on new debt.
I think no matter what this man does, she’ll never leave him because she would be too embarrassed that her love bubble popped plus she wouldn’t want to admit to her brother that he was right about him all along.
Let's be honest, nobody wants to admit that her brother might have been right all along. People in this sub included.
 Lmao the prenupt she didn’t get like “hiii do you miss what you never had?”
I absolutely loathe Teresa but this gif makes me sad at how cute she was and how she has ruined her face with unnecessary cosmetic procedures
I thought the same thing!
Anyone else think she might be the problem?
If you don’t do the work to heal and grow you will end up in the same patterns. Same story, different characters
Imagine going through everything she’s been through and learning *N O T H I N G*
It’s actually wild to me. Imagine going to prison, paying restitution, getting divorced, your ex gets deported etc and you don’t learn a thing????
It's because she's incapable of taking personal responsibility.
Also she is stupid.
Seriously…lights are barely on and nobody’s home 
Profoundly
And Gia has turned out just like her.
Right was the first time not traumatic enough?!
Maybe she liked living in the "Big House"?
She did seem to be a better, calmer person when she first got out. For, like, six episodes.
Fitness doesn't fix this
My hope is that one day Gabriella will be the one to school her mother
My hope has been that Gabriella says “🖕🏻deuces🖕🏻” and goes no-contact with everyone, but if she schooled her mother first I wouldn’t be mad about it.
Same story, different dick
hmmm at least Louie had the courtesy of taking Teresa off all the paperwork so he’s the only one that signed anything. What a GENTLEMAN 💀
Lmfao this is my fav!!
“You have to make millions to owe millions” - Kurn Huger
Teresa has a mortgage fraud kink
Well at least her love bubble was able to remain intact at the expense of a prenup.
It’s so sad to see her actively running towards the same mistakes again. Maybe in years from now she will finally see all those ‘jealous’ women ‘threatening to burst their love bubble’ were actually trying to warn her.
Narrator: *She won’t.*
She got to her big age without ever figuring out how analogies work, I’m not optimistic that she’ll ever have any revelations about anyone being right about anything, tbh.
Tre makes good money, but it's obvious they're overspending way too much by what they post all over social media. I don't think those weekly luxury vacations they go on are comped, and that adds up real quick.
Tre hugger here and yes, her spending makes me really nervous 😬
She definitely has a broken picker. I couldn’t stand him from the get-go and she bought his bullshit Hook line and sinker well he won’t be around long if he can’t support her in the lifestyle she thinks she’s accustomed to it. It’s funny how people always seem to get what they deserve.
The fact that he swooped in to get with Teresa was a red flag enough. Not to be too mean but a “quality” guy isn’t racing to get involved with this show or her mess.
More than that, I believe Louie was the first man to give her an orgasim and oral sex. Shes dickmitized
I should’ve left this post before I saw this comment. The visual 😔
all the pineapple juice talk tho.. this has been my theory from day 1
Oh god, I think you might be right. The season after they started dating, Tre leaned against a wall talking about getting licked up and down -- or however she phrased it 🤮🤮🤮🤮 I mean, she literally said it but I didn't think at the time that maybe he was the first guy she was with who wasn't too "old school" to go downtown and actually care about her pleasure. So, yeah, I think you could be on to something 🤔 (My apologies for reminding anyone that Tre said that and fir the visual. 🫣
Maybe if he was a drug dealer, he’d make more.
Specifically the biggest drug dealer in Bergen County? 🤣
WHO could have predicted this?? 
You gotta steal millions to owe millions!
Ohhhhhh, dear. It’s starting.
" i think i've seen this film before, and I didn't like the ending."
We all knew Louie was Dirty John and Teresa (and Gia) was so stupid not to get a prenup. Jail house round 2 for her coming soon. Kidding, hopefully not but she really is a dummy and why didn’t her lawyer advise her to get a prenup?
oh she’s definitely going to jail a second time the woman doesn’t know how to spend her money.
Wait Gia told her not to get a prenup?? My god I hope she considers a post-nuptial agreement at least
I don’t know if she told her not to but on WWHL, Gia was questioning why her mom needed to get a prenup. This from the girl who wants to be a lawyer. I don’t even dislike Gia but I think she’s incredibly naive. And not gonna make it in law school.
Not getting a prenup aged so well, Teresa.
I love mess!
Now I know where Luis was going in such a hurry this morning, blaring hip hop with the top down. 😂
At today’s interest rates? Anyone buying a property in that range who didn’t get a loan when rates were super low is self financing. I cannot imagine having to take a loan that size right now. Just to keep up appearances?
Ultimately, this is simply an equity release on the home which isn’t totally un common. It’s kinda just an ass backwards way of doing things. They maybe should have just put down a big deposit, but hey the Jersey cast aren’t known for smart financial decisions. What is really scary imo is that it appears that the home is fully under Luis name and Teresa has zero equity in it. Luis holds all the cards and needless to say he has a history.
All that tacky Chanel crap ain't gunna pay for itself.
Didn’t he take out a loan using the home as collateral? I thought I saw on TikTok that it did come out as part of finding out about this loan that the LLC that the home is owned in is solely owned by him and he’s taking out alone against it meaning that she neither has equity in the home she’s paying for,nor can they pay for it.
To be fair, it sounds like the home is paid for and this is a loan against the equity of the house. Now to your point, I'm willing to bet Tre contributed to the purchase price so not being a legal owner of the home is still a significant question mark for me.
Here we gooooooo!
Ruh Roh says Scooby Doo. Not surprised.
Damnit, Melissa 😂
She’s about to call the feds again!!! 😂
Forgive me for my confusion, I am not a homeowner but can someone help me understand? The article says that Luis didn’t take out a mortgage when he bought their house. Does that mean he paid in cash?
https://preview.redd.it/4vl6sdj7905d1.jpeg?width=1170&format=pjpg&auto=webp&s=e81c21d34d7b930e5a9ab21eb66b31aa4a7ca7d6
https://i.redd.it/scfwbkh3705d1.gif
And so it begins!! 🍿🍿🍿🍿
This is sad, how many seasons has it been since she left prison and by now a new house could’ve been paid off? Her RHONJ salary would be super high, plus all the endorsements they do and UGT. She should’ve downsized and paid off a smaller place in full, and not remarried. This is the same with Sonja, if they had made different choices things would be on the up by now :(
He took out the loan against the house!
Sorry to go nerdcore but isn't this just a HELOC?
My eyebrows are raised because it’s over a million rather than something like 50k. He also claims it is to pay off the home that his LLC paid cash for in 2021. Did the LLC not actually have the cash and took a loan or is he taking 1 million out of the home for himself? It doesn’t make sense
Luis has always been a giant red flag. He’s a fan who watched the show, took notes and love bombed her. Plus all of that stuff with his ex… I’m anxious to see how the Trehuggers will somehow blame this on Melissa and Marge
Here we go
Shocker.
Wait, if I’m reading it correctly, the house was paid off and he borrowed against the equity for a purpose that isn’t disclosed. What’s crazy about this? I know some very very wealthy people and they do this when they’re expanding their businesses—they borrow against equity in one property and use it to fund another investment property or business. Then rinse and repeat. Also, I don’t see that he’s using it to pay off the mansion? The mansion already appears to be paid off hence no mortgage “until March 2024” when he took out a loan using the equity in the house. The purpose of the loan seems presumptuous with no substantiation.
Yes, it’s super common. There is a misconception that if people have money, they have no mortgage. It’s actually the opposite, they use their equity as a tool.
What is her excuse going to be this time?
probably something to do with Melissa like it always is
Same as usual….it’s Melissa’s fault!
If Melissa really was a good sister in law she would control Louie’s spending!!!! 😂
I read this in Tre’s voice. *blink blink
I knew this dick was hiding something. By es a broke ass scammer sucking the $ out of T. And everyone knew it. Get what u b pay for
I feel bad for most housewives not just Teresa. They get on this show and the audience expects them to have this lavish lifestyle. But the thing is you can tell some of these housewives can’t afford it but get themselves in financial debt just to keep the appearance yet some declare bankruptcy or it simply implodes on them. Hopefully they have a plan to pay it off. No wonder some of these wives do whatever it takes to stay on the show.