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In this video tutorial, part three of a five-part series on structuring and purchasing real estate with creative financing, the host discusses land contracts, also known as contracts for deed. The video covers the definition, advantages, and disadvantages of using land contracts to invest in real estate. The presenter, Geryon, emphasizes his expertise in flipping real estate and encourages viewers to subscribe for more insights on making money through real estate investments. He clarifies that while mortgage states use land contracts, trustee states refer to them as contracts for deed, but both terms essentially refer to the same financing strategy.