<prompt> Human: 30 YO minor credit card debt, renting apartment in NYC with a 6 figure salary.A close friend of mine recently introduced me to someone who is part of a real estate development group that is looking for individuals like myself with good credit. The way this proposition was laid out is that I take out a loan of 75,000-150,000 in my name and with this companies help invest it in real estate that they renovate and flip for major profit.The earning potential was said to be about 35,000 per house sold.They are also acquiring money from a hard money lender not sure exactly how this works even though he explained it to fund the projects.I was given a contract that I looked over which looked fairly standard as far as I can tell but here is the fishy part I looked up the name on the agreement and I could not find anything on the web.The more I write this the more it sounds like somewhat of a con.Does anyone have any experience with this type of stuff or just general advice on how to proceed?  <response>: Scam. Scam. ScamScam 