Legendary rapper Doug E. Fresh seems to be the latest in a number of musicians and celebrity feeling the crunch of the recession. He is reportedly foreclosing on a few homes in New York's Harlem area.

According to a report from the NY Post, the 46-year-old rapper owes more than $3.5 million in unpaid mortgages on three different properties in Harlem, all of which are going into foreclosure.

That's not all either.

Doug E. is also being pursued by credit card giant American Express for nearly $60,000 in debt, and the IRS has hit him with a $367,000 tax lien on top of more than $40,000 owed to the state tax collector, according to state records.

The paper reports that he fell behind in payments, and according to a lawsuit filed in August 2008, he now owes more than $1.73 million.

Despite the financial troubles, Doug E. is still going about his business. He's preparing the opening of his own Harlem restaurant next month called Doug E's Chicken and Waffles.

Attempts to reach the rapper's camp for comment were not returned at press time.