The highest paid celebrity couple who had been on a home buying lately. They have been picking up and moving up secluded $26 million Hamptons mansion in addition to purchasing an $88 million Bel Air Estate Earlier this summer.
After putting 40% down on Bel air estate property, Beyoncé and Jay Z are currently making interest only payment on the remaining $52 million mortgage balance.
For billion dollar duo, taking out a mortgage allows them to put their cash towards others uses which could be a smart business decision but if you don't have net worth of $1.16 billion, an interest only mortgage could be a risky move.
Pics of the building:
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