He wanted to do a double close (I would receive my money back plus the 7% or 12% interest within 24 to 48 hours), and have me wire his fake title company money.

The 1st lienholder, being JPM by the sounds of it, is within their right to foreclose and will knock the HOA buyer off title. 

Though, you may just ask your title company.

Any advice or personal experience that you can share would be greatly appreciated.Corey Hi Corey, I would advise doing the title change when you close on the refinance loan instead of doing it prior.

There may also be costs associated with setting up the accounting for the shells, and preparing inital shell formation meeting minutes, etc...You will also need separate bank accounts, and a war chest of money to defend them if/when needed.Ask your asset protection attorney vs salesperson for a quote on the cost to defend, and how much it will cost to move title to the shells.Find out if moving the title creates a taxable event for you with the IRS re.

I did however forget about $3,000 from title, attorney, appraisal fees, and $2,500 during buy, in the calculation from the image I provided so thank you for that.

TITLE Companies are already required to report certain cash transactions in certain geographic areas of the country to FINCEN so they monitor movement of money in certain areas. 

Don’t forget to get title insurance to, and get the owner’s paperwork showing that all contractors, subcontractors, and materialmen have been paid.As for short term rental of a condo you buy, most condominium associations don’t allow that, and for good reason.

Low class outfit ... one of my borrower/ clients went into escrow with them last week and  put up the non refundable money getting ready to close and well  the title needs to be probated.. so these guys dont run title until they have your deposit.. will see if and how easy they give my client back his money since it did not close on the closing date and no extension was given or signed..

Networking can provide valuable insights and opportunities.7) Get Pre-Approved for Financing: If you plan to buy property, secure financing by getting pre-approved for a mortgage or exploring other funding options.8) Start Small: Consider beginning with a smaller property or investment, such as a single-family home or a small multi-family unit, to minimize risk.9) Conduct Due Diligence: When you find a property of interest, perform thorough inspections, research the title, and assess potential for appreciation and cash flow.10) Take Action: Once you're ready, make an offer and start your real estate journey.