Diddy‘s home is underwhelming whenever you stroll in and defintely not value $60 million … this in line with the investor who says he is providing half the asking worth.

We caught up with Bo Belmont — founder and proprietor of actual property firm Belwood Investments — out in Los Angeles Friday … and, we needed to ask him about placing in a $30 million supply for the rapper’s Holmby Hills mansion.

First off, Belmont says this can be a actual supply … telling us his firm has emailed the itemizing agent for the property — although they have not heard again but.

Belmont says his firm supplied $30 million — effectively underneath Diddy’s asking worth of $62 million — as a result of when he noticed the property he was underwhelmed … feeling it did not meet his $60 million expectation.

As for whether or not Diddy will settle for a proposal a lot decrease than his asking … Bo says he would possibly — in spite of everything, his firm was in a position to buy Kanye West‘s gutted Malibu mansion for almost $40 million much less than Ye initially wished.

Bo plans to stay to his weapons in any negotiation with Diddy, he tells us … ‘trigger if Diddy needs extra and comes again with a counter, his plan is to supply $27.5 million — taking cash off the desk as an alternative of piling extra on it.

Price noting … Bo’s tremendous with the entire alleged actions which will have gone down in the home — explaining he plans to utterly redesign the inside so it appears and feels nothing like the present mansion.

We have spoken to different realtors up to now about Diddy’s mansion BTW … and, they are saying two of the large points with promoting the property are the asking worth and the stigma — so appears like Belmont’s conserving each in thoughts.