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In today's video, we explore the relationship between promissory notes, deeds of trust, and the lending process in real estate, particularly for those wholesaling or looking to flip houses. Understanding this process is crucial for aspiring acquisition companies, as access to funds is necessary for purchasing properties. The tutorial presents a case study where an investor identifies a potential deal: a house listed at $40,000, with favorable equity. The investor must approach a lender to secure financing, emphasizing the importance of showcasing the deal's value and potential after renovation. This foundational knowledge is essential for anyone entering the real estate investment field.