Is This A SCAM??

A fellow recently posted this on my local investment club's forum: "I'm willing to pay $10,000 to anyone that will let me use their credit to obtain loans for
properties. I have 3 people that's doing it and they loving it. You will not be reponsible for the property. after the deal close thn property is then tranfered into a landtrust, by doing that the property
is no longer under your name." I KNOW I just read a comment from John Locke about this very subject. I e-mailed the guy, out of curiosity, and he responded. I then asked to talk to the 3 other people that he has doing this and what insures that I would get paid, thinking that if he's legit then he wouldn't have a problem with these questions. This is what his response to that was: " If you don't get paid you could sue me. Beleive me I'm ot trying to get sued from no one. You gonna get paid
no doubt about that. You will have to trust me on his. I'm not here to scam no one. I'm giving you the pportunity to make some money. I'm very confidential
about the people I use. But I will tell you this they're very pleased with the outcome. I am really serious
about this. What I do is find the properties and use your credit to get the loan to obtain them. After the deal close, which take up to 30 days to close, that's
when the money is paid out. I will cut you a check and we will work another deal." Sounds a little fishy.....anyone know anything about this? Is my suspicion correct that this IS A SCAM?? Thanks in advance.