The hits just keep on coming…
Chad Johnson is reportedly facing foreclosure on his $400K 16-floor home.
According to Gossip Extra, Johnson has not paid the monthly $863 fees on the home since June 2009.
Now that he’s out of a job, Johnson could have a hard time paying the $28,703 he owes.
According to a report, ‘Ochocinco’ is living off of a $150,000-mortgage he recently received from two Palm Beach County investors- Michael Pomerantz and dermatologist Patrick McPoland.
Johnson has until June 2015 to pay the principal back. To make matters worse, the NFLer used the $350,000-Miami Springs house he bought one of the mother of his kids, as collateral.
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