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In this video tutorial, the presenter explains the land contract, also known as a contract for deed, as an alternative to an installment sale for real estate investors. A land contract allows the seller to act as the bank, receiving monthly payments from the buyer instead of transferring the property title immediately. In an installment sale, the buyer becomes the title holder upon completion of payments. The presenter emphasizes that in a land contract scenario, the seller retains the property title until the buyer fulfills the payment obligations, highlighting the differences between these two types of real estate transactions. This method provides a structured payment plan while maintaining seller control over the property.