According to an insider, “Yolanda and David are in dire financial straits. They lost a ton of money from the sale of the Malibu mansion, and had been living in a condo,” an insider told Radar Online.
The Malibu mansion was sold for $19.45 million, although it was originally listed for $23.5 million.
Another insider revealed, “David’s music label is getting ready to cut him loose because no money has been made from his deal with the company.”
“His label deal through UMG is shutting down,” another source claimed. “Seem they haven’t made a dime, and he is blaming Yolanda’s participation in Real Housewives of Beverly Hills for the failure.”
According to the publication, Yolanda was also worried about David's wandering eye.
David, “definitely likes to flirt with women, especially much younger ladies….” added the source. “Yolanda’s fellow housewives including Kyle Richards are concerned. Don’t forget, this is David’s fourth marriage. He has had issues in the past with being in committed relationships.”
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