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In this YouTube tutorial, the host discusses the topic of novation agreements, a strategy frequently searched on YouTube. The presenter, who specializes in these agreements, emphasizes that they are crucial for acquiring, fixing, and flipping properties. He clarifies that novation agreements are intended for short-term investment rather than long-term holding. The video outlines that there are three main methods to execute a novation agreement. The speaker introduces a hypothetical seller named Eric to illustrate the concept, setting the stage for further explanation on how novation agreements work in real estate transactions.