President Biden and first lady Jill Biden took out a $250,000 line of credit against their home in the Delaware beach town of Rehoboth – as federal investigators probe both the president and his so…
– as federal investigators probe both the president and his son, Hunter, a new report reveals.
The Bidens secured the loan – which allows them to borrow the quarter of a million dollars against the home’s equity – on Dec. 5, according to county recordsIt’s unclear from any paperwork why the couple took out the line of credit on the home, reportedly purchased in 2017 for nearly $3 million. The White House did not respond to a request for comment from The Post.
The FBI searched President Biden’s Rehoboth, Del. beach house this week, but did not find classified documents.Hunter Biden, meanwhile, is under investigation for a number of alleged crimes, including tax evasion and making a false statement.
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