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In this YouTube tutorial, the speaker addresses the topic of novation agreements, a popular query among viewers searching for information on this strategy. He clarifies that he typically discusses these agreements as a "ninja strategy" for acquiring and flipping properties. The key point is that novation agreements are exclusively for short-term investments, specifically focused on purchasing and flipping properties rather than holding them long-term. The speaker outlines three different methods for executing a novation agreement and begins to illustrate these concepts with an example involving a seller named Eric, who owns a house.
