I finally got a chance to read Star Magazine’s full LeAnn Rimes story in this week’s issue and there wasn’t a whole of stuff that wasn’t covered in the online editions. Basically, OK! Magazine and Star got their hands on some legal documents that show that LeAnn and Eddie Cibrian borrowed $350,000 from their friends, Dave and Lizzie Fradin, back in 2012. They borrowed that huge sum to help make a down payment on their Hollywood Hills home, which cost $3 million at the time. Since 2012, LeAnn and Eddie have not paid back one dime of the $350,000. Star says that LeAnn has pretty much blown through her fortune, which at one time was estimated at $20 million or thereabouts (but probably significantly less than that when she married Eddie).
So, did Star’s print edition have anything new? A few extra quotes, basically. “LeAnn burned through her $20 million fortune.” And as for all of the vacations and luxury items LeAnn and Eddie purchase? “Most of the purchases were made with credit cards… Eddie thought he’d hit the jackpot by marrying a Grammy winner… the idea they’d be desperate enough to ask friends for money never crossed his mind.” Ouch. So what does LeAnn have to say about all this? This went down on her Twitter yesterday:
LeAnn tweets: “Some people are straight up CRAY lol”
A reply: “@leannrimes Is this about those saying your home may B foreclosed on LeAnn? They R nuts if yes. God bless U always! Holly (a day 1 fan of U)”
LeAnn: “@SweetHeartHolly no but that insane too lol”
And that’s all she had to say. And she was tweeting with fans for most of the day. So is it “insane” to suggest that LeAnn and Eddie owe their close friends $350,000 when the tabloids have the legal documents to back it up? Who is lying here? That’s a rhetorical question.
Photos courtesy of Fame/Flynet.
Does anyone know when their last big blowout vacation happened?
Did the friends they borrowed the $$$ from fade out when they didn’t get the $$$ back?
When was the last picture with those rich friends taken?
I just skimmed her Instagram today and there are some fairly recent ones of the Lizzy person. Ok, just went back to check and it was 2weeks ago.
2 weeks is pretty recent when you’ve bee waiting on 350k for years.
I would be pissed
What happened to living within ones means?
It’s not a priority when you have a gold digging husband and you wanna keep him close.
No way are her truck stop and airport gigs ever going to pay her bills. No way if you were sitting on millions would you ever live in a mortgaged home. If you have a $ advisor, they always say to pay for your home and NEVER mortgage it once it is paid for. I doubt she can afford to have such advisor, and blowing through money is just a game to her until there is nothing left. Those two losers deserve each other. When Eddie can’t pay cs as court ordered, it would be funny to see him thrown in jail. imo
I imagine it’s hard to do in LA where it’s a big pile of money throwing and lavish living, they all want to keep up with each other
She’s always been like this, way back since she was a teenager.
Based on her own father’s claims, she could blow through money with ease years ago.
He claimed she and her mother both left houses under construction unfinished (losing money) to move to LA.
She was not raised in LA, and never has been part of any crowd there, she used a few of Eddie’s connections in the biz at first, now they have nobody. If KH is her go to friend, another loser who I read about whose husband stole some kind of music. Blackball list is all they will ever be.
Well, at least ‘holy day 1 fan’ is consistent in her adoration.
I never get tired of her tweets and posts, that’s serious dedication.
Holly is one of LeAnn’s other personalities.
Ahhh…. Holly the day one fan
I just love that fast Eddie thought he was marrying into money and now he is stuck with a broke looney tune. It is just so fitting.
Karma.
Yup, sweet sweet justice.
I wonder how long he’ll stay stuck. If there’s no money, he might make a run for it.
If the Fradins’ partnership is reaffirming this debt, they clearly do not intend to write it off as uncollectible or a business loss and L&E still owe them money. They may just be protecting their future interests with no intention of forcing L&E to pay it back just yet, or they may be threatening to force a foreclosure or sale of the property to get this debt repaid ASAP.
The house is likely worth more now than in 2012 (improving market conditions). If the guy is truly adept at real estate investing, he wil treat this loan as a business transaction and not easily dismiss it.
His loan customers don’t seem to be slowing down on their vehicles, vacation frequency (even if more budget), high end groceries, etc. Priorities!
The house should be worth about a million more these days. There are several around there that are smaller that have sold for higher that $4 million within the last month. Leann and Eddie could easily refinance their first mortgage and get the money to pay back the Fradins.
The house was on the market for a long time and had a VERY hard time selling, because in terms of the houses in the area, it’s really not very nice. It’s a weird mishmash with additions that don’t even match the style of the house. They were just kind of plonked onto it and in a weird way, It may have increased in value, but is still basically the worst house in the area. The thing is that, they have to qualify to refinance. They lease their cars, an RV and who knows what else. Eddie is, for the most part unemployed and she doesn’t exactly have a packed schedule either. He makes so little, that he pays $1000 for two kds in child support. They might not be able to qualify to refinance if their debt to service ratio is too high and I actually think it is.I really think that their financial situation is dire.
Why were they so set on getting THIS home? Was it square footage or larger acreage?
Look at the first few frames of this video to see what Deanne is referencing about the exterior appearance of casa delusion:
https://www.youtube.com/watch?v=ZJG6iiWbv74
Yeah but Zillow the address and look at the homes nearby that are for sale or sold recently. They all look similar, some even look worse. Their house isn’t much different than those around them. There is a house for sale one street over for $3 million that is a tear down with less acreage. I think her house has appreciated.
That house is hideous. It’s large, and in a good location, but quite ugly.
@Christin – if that house had a name it would be Brownzilla. Jesus.
The house isn’t very attractive but I think you are paying for the zip code.
And people will pay to live in a house that was owned by a celebrity.
Why would you even respond if the story was false?
That doesn’t sound like a straight up denial. If she wasn’t in debt, then wouldn’t she say it outright? For someone so gabby on social media, you’d think that she’d have more than just one nebulous line.
And wouldn’t she get her dear friend Lizzie to deny it on social media too? Or wouldn’t she at least say simply that she doesn’t owe Lizzie any money if she isn’t scared of how Lizzie would react to that?
yeah, she tweets about other stories. Pretty sure there’s some truth to this. She hasn’t done anything for years. She really needs a steady gig or hit song…
I don’t see it happening though. People don’t like this cheating stuff at all.
well she DOES tour and play gigs (at carnivals and birthday parties) and then of course there are the (totally lame) holiday albums and so forth…
In all seriousness the only real new money she has coming in is from selling stories to the tabs and so forth. I joke but it’s sad. She traded it in for that douchey guy
It’s so true.
I used to kinda like her. She didn’t seem like a major mess despite being famous pretty young. Then all of this stuff happened and I was done. Since cheating on her husband with a married father of two….big nope. Can’t stand her. Only gotten worse since too with all of the creepy Brandi stuff.
She didn’t rebut the report they borrowed that huge amount from friends, just blew off they were getting foreclosed on. She should be embarrassed they had to borrow 350K from friends, but I doubt she is. It’s LeAnn’s delusional world, and we all just live in it.
I don’t understand the logic of her fans. The few who are left are coming out saying “no she has millions”. Why the hell would she borrow from friends (the legal papers prove it) if she had millions. And why bother with a bank loan. If you had $20 million in the bank wouldn’t you pay cash for the $3million house and save yourself the loan fees and interest? But…maybe I am just being too rational.
Of course it’s good old Holly Day 1 Fan who she responds to………… O_O
@littlestar God bless you and LeAnn always. Smiles.
Her posts are consistent, if nothing else. What’s funny is that they are sometimes unintentionally, incredibly insulting to LeAnn.
Hahaha thanks for the laugh, Deanne. God bless you too always. Smiles.
It surprises me that her #1 fan with the never-ending foot problems has not once come to her defense in regards to this issue. I checked her twitter feed and nothing. I guess the fact her two dogs trying to eat a frog and meeting some guy from Sugarland took precedence over defending her one and only love. Some fan she is! LOL
It’s just crazy to me how she has so much interaction with these obviously unhinged “fans” of hers. She needs to be like other REAL celebrities and have limited interaction – do social media posts thanking fans, fan giveaways, tours and meet and greets etc., but never actually CONTINUALLY ENGAGING with these people.
Because Leann hadn’t responded yet, really. They wait ’til Leann responds, so they know what the denial line is and then they know what to run with and mock.
Bitch owes me $20
Perhaps she spent it on the new Evel Knievel looking swimsuit she just put up on her Twitter feed. The thing is totally hideous! My eyes! My eyes!
Oh good god…. I just went and looked. That is one fugly suit. 😳
Wonder if she will wear that Mankini while doing her truck stop concert. LOL Nothing would surprise me with her anymore.
LeAnn is only 33, or rather she will be in a month. There’s no way she’s going to be able to continue to live above her means for too much longer. She doesn’t seem willing to be away from her husband long enough to make any serious money either. Eddie was terrible with money. He spent like a drunken sailor, remortgaged his properties and vacationed when he should have been working. He only earns enough to require he pay the minimum in child support as well. The fact that between the two of them, they could only qualify for a 2 million dollar mortgage says a lot. I know regular people that live in Vancouver who qualify for as much and Canadian banks have much stricter lending rules. This has to be very embarrassing for both of them. I find that funny because it exposes what a fraud their lives are.
That’s I wonder too, what’s going to happen when all the credit dries up? If she has limited finances now, there is no way she can keep sustaining their lifestyle for even 5 more years (if that).
Unless she does something big. Like dump Eddiot, apologize for her behaviour, and WORK HARD. But we all know that will never happen. She lives in La La Land and refuses to accept responsibility for anything.
I am skeptical they have dented the principal on the first mortgage (for several years, most of the payment goes to interest). Even if the house is worth more, they still have to qualify based on ability to repay.
Taxes for that property are north of $30K/year. Add to that insurance, maintenance, upkeep — much more than just a mortgage payment.
She claims her father took such a chunk of her income years ago (when she was making money). Yet he lives in a relatively modest home on a few acres (tax records are online — it’s nothing fancy for the Nashville-Lebanon TN area) and runs a wrecker service.
How do Lizzie and Dave have $350,000 to lend? They don’t seem that rich that they’d have $350,000 laying around in cash to lend easily.
Furthermore, if they were being foreclosed on there would be plenty of court records coming up that would show that. Foreclosures leave a huge paper trail.
Dave owns Majestic Asset management. They flip houses, they actually have more money then Leann. Dave has not foreclosed on them but he could, he had the full amt they owe reaffirmend via court May 19,15.
What are the terms of the loan that Dave gave them? If it was a loan and not a lien then it has a stated interest rate and payback time period. If it’s a lien then it only has to be paid off before they can sell the home.
@ tate…I did try to warn you. Perhaps if I was able to post a Medusa picture here it would have prevented you from ruining your day? Sorry about that! 🙁
@Julie… Ha! No joke. All she needs is a pair of ragged jean cut-off shorts and high-heels and she could even attempt to get on Bret Michaels “Rock of Love” bus too! (NOT)
OK, I can’t believe I’m gonna say this, but I love that short gray/brown boho style dress she is wearing! I want one now! It looks like Free People…any other guesses?
Ask Brandy.
Touché
Maybe this story is why she’s been in the desert with her ‘man’ for few days now. I am sure the longer that debt goes unpaid the frostier that friendship will get. In 2012 Dave probably thought they still could make money and pay him back. The more time passes the more he sees its not going to be possible. I can’t help but keep playing Rihanna’s song, ‘B**** Better Have My Money, in my head! How fitting. Leann and Eddie will file bankruptcy on all their credit card debt and move to rental in near future I predict.
I seriously believe that Leann insisted that her Spitfire CD and the VH1 show were going to be so huge (Another Nick and Jessica type situation) that the money would be rolling in from all sources. Her reality is totally different than ours, though. We KNEW they both would flop big time.
We the public always seem to have the upper hand and know the facts, while her delusional brain of hers believes she is still America’s sweetheart winning those blooming Grammies 1/2 a lifetime ago and people want more of her.
I’m not sure if anyone has ever seen the old movie Sunset Blvd. The last scene in the movie is pretty creepy and I can certainly see Leann dressing up in one of her gowns (providing she hasn’t hocked them or outgrown them) , carrying her two Grammy’s down the stairs asking for HER close-up.
https://www.youtube.com/watch?v=SA9lFsiut2Q
My take on this is that Eddie borrowed the money at the time from his friends so his name would be on the house and when he exits, he gets half the sales price. Eddie hasn’t made any bank for 5 years so he hasn’t paid any of the money back. LeAnn will most likely use her last half million to pay back the debt and Eddie’s name will still be on the home.
BINGO.
I love that theory and think you are right, Rita. This makes the most sense to me.
This is a plausible theory. Such a big deal was made about what a great deal they got.
He and his buddy may end up splitting the half of whatever proceeds exist once they split — I mean, sell.
I’ve often wondered uf Eddie doesn’t have some sort of master plan and LeAnn is just a means to an ends. He can live the lifestyle he wants, burn through her money, all while she is the only one working. He gets his bills paid, has toys bought for him, he goes along on the good trips and he doesn’t even have to pretend to make an effort. Sometimes I think he’s going to bleed her dry and leave her with nothng as pay back for her not keeping their affair quiet. I will never believe he married her for anything more than her money. He doesn’t like clingy and she is like velcro and she’s almost as masculne looking as he is, I’m sure his friends are in on it as much as they were in on covering up his filandering, when he was married to Brandi. Screwing her over with the house makes total sense.
What is really sad is that she probably genuinely thinks they are HER friends, too. It’s pretty clear the friends go with Eddie. And Brandi spelled that out in her book.
I do believe one part of the story, that Eddie probably thought she had more money than what she really (allegedly) did/does. He probably throws that up to her in some passive-aggressive way, to get her on the ‘touring’ trail while he does whatever it is he does with his time.
He does waitresses with his time.
According to the rumors, apparently mutual friends of Eddie’s and Brandi’s told her that when Ed and Leann first got together, Eddie was angry at Leann for forcing the breakup of his family and the loss of his career. He told his friends he was planning to get as much money from her as possible and then leave her, hence the buying of expensive (pawnable) possessions with her money as gifts to him, which he would keep in the split. Half the house in his name would fit with this scenario. This was the same time the stuff about how they all called her Angelfish behind her back, because she sang like an angel and drank like a fish.
How could Leann force the break up of Eddie’s family? If Eddie wanted to to maintain the family unit he had with his first wife all he had to do was stay home with his wife and sons and not drive over to Leann’s friend’s house for afternoon delight.
Eddie got two of his best jobs after he got involved with Leann. When the affair was hot story, he was cast on CSI. He was cast as the lead in the Playboy Club when he was engaged/just married to Leann. Eddie’s career did not start to decline until after The Playboy Club got cancelled and by then Eddie and Leann had been together for a few years. If Eddie had a plan to take Leann to the cleaners then he never would have allowed himself to be cast on The Playboy Club because if The Playboy Club had been a hit Eddie would have been making as much if not more money than his wife.
P.S. Brandi has also claimed that Eddie blames her for his career misfortunes.
I’m not saying his thinking is logical. I’m repeating what the rumors are that Eddie’s friends told people.. That he felt angry and trapped by Leann. He had had other affairs before, but he would never leave Brandi and break up his family. Even his friends The Fradins knew about the other girlfriends and never said anything.
But Leann pushed for her affair to become public. She set up Eddie by arranging dates and then secretly calling all the paps. She got him busted numerous times on secret dates, at a restaurant where she got the video footage and sold it to TMZ of herself sucking on his fingers, at the motel where his truck was parked in the lot with the baby seats still in it, at the celebrity lounge at an LA Lakers game, where she stalked him after canceling her own concert due to a faked “illness.”
Eddie had gone back to Brandi, they went to couple’s counseling and he had changed his phone number. But Leann kept up the pressure and moved into their neighborhood and started following them, almost running Brandi down with her truck. She also kept up the media pressure. Finally the media found Scheana Marie who talked about her affair with Eddie and Brandi dumped him for good. He moved in with Leann. But she then she went on a years long media blitz trashing Brandi in multiple interviews and bragging about her great sex life with Eddie. She was pap’d daily SWF-ing Brandi. In spite of the child custody agreement and Brandi’s multiple pleas, Leann posted numerous pictures all over Twitter of her stepsons (calling them “my sons”) and their daily life including their school address, their home and their soccer fields, every trip to the ER (without notifying Brandi.) She did it all in a very nasty vengeful way that clearly looked like she was being informed and egged on by Eddie. He did several interviews himself, trashing Brandi. Public opinion turned against both of them and both their careers took a hit. It’s all been written about for the last few years on here. But Eddie is a vain self involved guy and does not seem to take responsibility for his own choices, so guess he blames Leann.
In your previous post you said that Brandi is the source of the rumor based on what mutual friends of hers and Eddie supposedly told her. Given that Brandi lies like a rug and the scenario does not make sense, my conclusion is that this is just another one of Brandi’s lies.
As previously stated, if Eddie wanted to keep his family unit with Brandi together it was very simple, all he had to do was stop seeing other women, especially, especially if the mistress was tipping off the media over and over again!
aaa Eddie was on CSI when he was still with Brandi. After the cheating scandal blew up, he was fired from CSI. The Playboy Club was low budget, poorly paid and badly rated. It only lasted 3 episodes. He had his most lucrative career when he was with Brandi. Once he got with Leann he was fired and could only get low-rent bit parts like in TPC.
The story about the affair broke in spring 2009 and Eddie started filming CSI in summer 2009. Yeah he was still married to Brandi but there were stories, pictures and videos of him romancing Leann Rimes.
The Playboy Club was cancelled after three episodes, but it was not a low budget show – it had a large cast and was a period show which usually means special sets and costumes. It was also one of the “anticipated” shows of that season.
Yes Eddie had his most lucrative career with Brandi because he was on a show, Third Watch, that ran for over five seasons.
Her fans are about as bright as she is…and thats not saying much.
I’m a mess!
The first step is admitting you have a problem…. LOL
I’m just going to lay this here…
The best thing that Leann could possibly do for herself and her career would have a “come to Jesus” mom (real or otherwise), drop Eddie as fast as possible and write a revenge album. I would watch that wreck. I think a lot of other people would too.
I think Leann’s career is beyond repair at this point. Her best hope is to downsize and live within her current income from out of the way casino gigs and county fairs. Regardless of how on key her undistinguishable words are, she does not have that ‘it’ factor to ever be more than what she is now in the music industry.
I agree with you.
ITA.
I checked out Dean’s twitter, wow what a fun life this man is having. He looks really happy and healthy, in love, a great career, lots of friends and travel, really into fitness and a cookbook coming out. He appears to have come through the pain of a very public cheating scandal and divorce with lots of love and goodwill in his life. I’m so glad for him, he deserves all the success in the world.
He really does seem like a great person, plus the fact he’s adorable. Eddie looks like he’s aged 15 years in the last 5. The fact that Dean and LeAnn didn’t have kids, allowed him to escape to the other side of the country and rebuild his life. LeAnn thought she was getting a prize, but instead was trading way down.
He’s adorable. I hope his lifestyle/cookbook sells well next year when it comes out.
@Jayna I hope his book does well too. I’d love to see him with his own cooking show. He’s been on The Talk numerous times and he’s really personable, plus his recipes are all healthy and delicious. In this whole debacle, Dean is definitely the cream of the crop.
Cue the “so happeeeee” photo-op.
They are certainly predictable.
Here is a very intriguing article about Eddie and Leann homes if anyone is interested. The home they live in is a downgrade from what they were used to.
http://sanfernandovalleyblog.blogspot.ca/2013/02/celebrity-real-estate-country-singer.html
I think that it is most telling that there were no holiday photos of Lizzie…(yet) and no statement or support from Lizzie. Better get on that, Leann! Prove the haters wrong…if you can.
I think there is truth to this rumor.
Holy Poprocks! Eddie Cibrian now has an official Instagram (“eddiecibrianofficial”). The comments are delicious! Catch them while you can before the Instagram is deleted by LeAnn (who undoubtedly created it)! Here are a couple to savor:
dia4wvu: Leann can you demoralize your unemployed husband any more than this?
qotsa517: The wheels are coming off. She’s lost it! #5150
eddiecibrianofficial#mine
dia4wvu: NUTS!! Eddie would never post this stuff. Leann is officially 5150
qotsa517: So sad #5150
The “mine” hashtag was supposedly posted by Eddie on “his” official Instagram page as the caption to LeAnn in the hotel room dressed for the truck stop concert. Ugh. This is absolutely nauseating, when one stops to contemplate whether Eddie would ever claim that fugly has-been as *HIS*.
Bwaaahahhaaahaahahaaa!
This comes on the heels of a blogger writing about Leann today. The blogger questioned Eddie’s loyalty to Leann etc. If Leann created this then she is even more ill than I thought. If a person who dislikes Leann created it as a joke then carry on…. LOL
His other account was hilarious! ‘He’ still sounds like a girl and now apparently loves hashtags!
Keep posting, official Ed!
Maybe her wallet was on the table beside her and he was referring to that. The fact that LeAnn keeps trying to do this is really funny and sad at the same time. She’s so desperate for people to believe that Eddie is into her, when it is glaringly obvious that he isn’t. I think that their money issues being exposed, are pushing her over the edge.