stop spreading nonsense. the sweat man is worth 20 million dollars not 250 thousand. he owns one of the hot restaurant, a nightclub and a few other cashcow. did any of u ever stop to think that maybe he didn't live in any of these property's? maybe he has family that live there..

jackson35 said:

stop spreading nonsense. the sweat man is worth 20 million dollars not 250 thousand. he owns one of the hot restaurant, a nightclub and a few other cashcow. did any of u ever stop to think that maybe he didn't live in any of these property's? maybe he has family that live there..

That's what I'm saying I know he's done alot here in Dallas-Keith ass can't be broke

jackson35 said:

stop spreading nonsense. the sweat man is worth 20 million dollars not 250 thousand. he owns one of the hot restaurant, a nightclub and a few other cashcow. did any of u ever stop to think that maybe he didn't live in any of these property's? maybe he has family that live there..

When the next album coming out, Keith?

AsherFierce said:

jackson35 said:

stop spreading nonsense. the sweat man is worth 20 million dollars not 250 thousand. he owns one of the hot restaurant, a nightclub and a few other cashcow. did any of u ever stop to think that maybe he didn't live in any of these property's? maybe he has family that live there..

When the next album coming out, Keith?

AsherFierce said:

jackson35 said:

stop spreading nonsense. the sweat man is worth 20 million dollars not 250 thousand. he owns one of the hot restaurant, a nightclub and a few other cashcow. did any of u ever stop to think that maybe he didn't live in any of these property's? maybe he has family that live there..

When the next album coming out, Keith?

Leave the Sweat man alone

20 million... how much of that 20 million is he keeping... that'll be a lot of money so $250,000 would've been easily spent if he had one child or no children...

jackson35 said:

stop spreading nonsense. the sweat man is worth 20 million dollars not 250 thousand. he owns one of the hot restaurant, a nightclub and a few other cashcow. did any of u ever stop to think that maybe he didn't live in any of these property's? maybe he has family that live there..

So he put his own family in houses then let the homes go into foreclosure? Yeah that makes sense. Oh and what about that now defunct reality show he had on TV One? He didn't do that because he needed money? He may not be at negative 250K but he damn sure aint worth 20 mill. You stop!

purplethunder3121 said:

Gonna get him some of dem Obama bucks.

HotGritz said:

daPrettyman said:

Keith Sweat Date of birth is July 22, 1961

The fuck? This nucca is a cancer???? GTFOH we cancers don't get down like that! We pay our bills!!!!! I can't even blame it on the Leo which picks up on 7/22 because Leos pay their bills too.

I remember seeing him at a small venue a couple years back. Me and my GF were in the front row and he pointed directly at her and said "you look like one of my baby mommas". She got excited but i had to check her and let her know dude wasn't raking in that paper like he used to save your uterus for bigger fish. Keith was looking peasy that night too.

HuMpThAnG said:

HotGritz said:

The fuck? This nucca is a cancer???? GTFOH we cancers don't get down like that! We pay our bills!!!!! I can't even blame it on the Leo which picks up on 7/22 because Leos pay their bills too.

I remember seeing him at a small venue a couple years back. Me and my GF were in the front row and he pointed directly at her and said "you look like one of my baby mommas". She got excited but i had to check her and let her know dude wasn't raking in that paper like he used to save your uterus for bigger fish. Keith was looking peasy that night too.

why are you confused?

HotGritz said:

HuMpThAnG said:

why are you confused?

what does that mean?

HuMpThAnG said:

HotGritz said:

why are you confused?

what does that mean?

How shall I put this? It is the opposite of having your hair looking smooth and well groomed and brushed. You have seen Keith yes? You are familiar with his hair. Well imagine if his hair looked like this only drier:

[img:$uid]http://image.shutterstock.com/display_pic_with_logo/572224/572224,1302015163,1/stock-photo-black-beans-in-bowl-macro-74708773.jpg[/img:$uid]

You know you are my money
You got me twisted over you
I know I got nothing you need
So what you want to do

Poor Keith...didnt he just come out with a new CD last year? His music was the jam back in the day

HotGritz said:

HuMpThAnG said:

what does that mean?

How shall I put this? It is the opposite of having your hair looking smooth and well groomed and brushed. You have seen Keith yes? You are familiar with his hair. Well imagine if his hair looked like this only drier:

[img:$uid]http://image.shutterstock.com/display_pic_with_logo/572224/572224,1302015163,1/stock-photo-black-beans-in-bowl-macro-74708773.jpg[/img:$uid]

ok

got it

daPrettyman said:

That 250K figure doesn't make any sense to me. Keith never really struck me as the extravagant type. Wasn't he in finance or banking before he got his break?

Imagine all of the publishing on songs he's written that still get played today, his income should be more than 250K with his radio show, royalities and concerts.

I wonder if he's behind on his child support?

[Edited 3/20/12 12:01pm]

Yes i believe he was working on Wall Street. I'm not a big Keith Sweat fan

but i hate to see this happening to him. Hope he gets it together.

HotGritz said:

jackson35 said:

stop spreading nonsense. the sweat man is worth 20 million dollars not 250 thousand. he owns one of the hot restaurant, a nightclub and a few other cashcow. did any of u ever stop to think that maybe he didn't live in any of these property's? maybe he has family that live there..

So he put his own family in houses then let the homes go into foreclosure? Yeah that makes sense. Oh and what about that now defunct reality show he had on TV One? He didn't do that because he needed money? He may not be at negative 250K but he damn sure aint worth 20 mill. You stop!

hotgritz.. the reality show is just one of the numerous offers that keith sweat gets when he answers his phone when someone offers him a job. does he need the money... who knowns. we don't known the full details about this forclosure deal. did he buy the homes for himself or family? did he work out a deal where he buys the house and they pay the note or does he pay the note? this is just a snippet of what happen. so let all just chill and see where this gos.

he can file for bankrukcy and he wont owe the 253k. The reason the banks put down 20% on houses is to protect them from the houses losing that much since the value has gone down by more the bank takes the fall

asg said:

he can file for bankrukcy and he wont owe the 253k. The reason the banks put down 20% on houses is to protect them from the houses losing that much since the value has gone down by more the bank takes the fall

You think he think bankruptcy would cause him embarrassment for his reputation... again I don't see why he would buy two houses...

Timmy84 said:

asg said:

he can file for bankrukcy and he wont owe the 253k. The reason the banks put down 20% on houses is to protect them from the houses losing that much since the value has gone down by more the bank takes the fall

You think he think bankruptcy would cause him embarrassment for his reputation... again I don't see why he would buy two houses...

this news has already caused the embarrasment. plus alot of ppl whose property is under water do file bankruptcy even if they have money

asg said:

Timmy84 said:

You think he think bankruptcy would cause him embarrassment for his reputation... again I don't see why he would buy two houses...

this news has already caused the embarrasment. plus alot of ppl whose property is under water do file bankruptcy even if they have money

Well maybe this (the banktruptcy filing) would save his hide... he should've looked into it.

nursev said:

Sorry to hear this-Keith is cool with me. Doesn't he live here in Dallas? He needs to start booking some local shows or something to make that cheese

I don't think so. I think he does his show out of NYC.

jackson35 said:

HotGritz said:

So he put his own family in houses then let the homes go into foreclosure? Yeah that makes sense. Oh and what about that now defunct reality show he had on TV One? He didn't do that because he needed money? He may not be at negative 250K but he damn sure aint worth 20 mill. You stop!

hotgritz.. the reality show is just one of the numerous offers that keith sweat gets when he answers his phone when someone offers him a job. does he need the money... who knowns. we don't known the full details about this forclosure deal. did he buy the homes for himself or family? did he work out a deal where he buys the house and they pay the note or does he pay the note? this is just a snippet of what happen. so let all just chill and see where this gos.

Im tryna feel your POV BUT.....people who have their finances in order simply don't let TWO homes go into foreclosure. #1 its bad for your credit score and #2 its bad business especially when you supposely have the means to buy the house outright.

Here's the thing jackson, and this goes for many celebrities especially those who come from meager beginnings, people tend to live beyond their means and it's worse when you are famous and raking in your first few million. You have 10 million but you buy a 15 million home on credit which will cost you double and triple that over the life of the loan. Then come the cars and the trips and taking care of your friends and family and before you know it, you have all this debt but you aren't raking in the big bucks to pay it off.

I don't believe Keith is getting called daily for prime business ventures and commercial gigs anymore. I think he is on the same level as many of these reality tv stars and does guest spots here and there and tours with other 90s groups or does the casino circuit. He just isn't hot like he used to be and nothing is wrong with that per se but you have to keep those finances in order becasue for every celebrity who didn't crack the 100 million mark, there will come a rainy day and your umbrella might have holes in it.

sounds like the easy solution is to just sell the Atlanta home, settle the lien, and keep whatever's left - buy a cheaper house, condo, or move into an apartment.

Hardly seems like the deep financial pit that other artists get themselves into. Though it can certainly grow deeper if he doesn't handle it right.

KS still writes and produces and and can still make a little touring, so he SHOULD be okay, again if he handles it correctly.

coltrane3 said:

sounds like the easy solution is to just sell the Atlanta home, settle the lien, and keep whatever's left - buy a cheaper house, condo, or move into an apartment.

Hardly seems like the deep financial pit that other artists get themselves into. Though it can certainly grow deeper if he doesn't handle it right.

KS still writes and produces and and can still make a little touring, so he SHOULD be okay, again if he handles it correctly.

true

coltrane3 said:

sounds like the easy solution is to just sell the Atlanta home, settle the lien, and keep whatever's left - buy a cheaper house, condo, or move into an apartment.

Hardly seems like the deep financial pit that other artists get themselves into. Though it can certainly grow deeper if he doesn't handle it right.

KS still writes and produces and and can still make a little touring, so he SHOULD be okay, again if he handles it correctly.

Exactly. He could still handle this by selling the home that is being undervalued, keep the home you're raising your children in, and still be able to live without creditors breathing down your neck. He wouldn't be the first alleged multi-millionaire to have foreclosure problems.

Is this news? I mean, was there anyone who really expected Keith Sweat to be doing okay in 2012? Been a long time since "Twisted," ya know?

errant said:

Is this news? I mean, was there anyone who really expected Keith Sweat to be doing okay in 2012? Been a long time since "Twisted," ya know?

Oh naw you brung up Twisted. That was the joint way back when. Crossover appeal too.

errant said:

Is this news? I mean, was there anyone who really expected Keith Sweat to be doing okay in 2012? Been a long time since "Twisted," ya know?

That's one of his songs along with Nobody i don't ever have to hear again.

Both were nauseating as hell.