I haven't read the article, just imagining how money laundering works, I assume you find a not too scrupulous guy with a nice apartment who needs cash. You give

I haven't read the article, just imagining how money laundering works, I assume you find a not too scrupulous guy with a nice apartment who needs cash. You give him some dirty money in exchange for the deed. You then take out a loan using your new place as collateral.