Video After The Jump
Houston rapper Chamillionaire had a huge hit a couple of years back with "Ridin Dirty." Since then he hasn't fared so well.
TMZ cameras recently caught up with him to ask about his mansion in Houston that was recently foreclosed on.
"Let me give you the short business answer. I bought a house in Houston and I decided to let that house go because the house ended up being worth nothing when the market went down," he said. "I paid like close to $2 million for that house and I decided to let it go, give it back to the bank. It wasn't a situation where they came and took it from me. I felt like I didn't want to pay that much for a house that I'm never at."
Cham said he's making money touring so money is definitely not the issue. It was strictly a business decision.
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