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In this YouTube tutorial, the host discusses Novation Agreements, a strategy primarily used for purchasing and flipping properties. Unlike long-term investments, Novation Agreements focus on quick turnovers. The tutorial emphasizes that this method is a "Fix and Flip" strategy, making it distinct from other property investment approaches. The host introduces the concept through an example involving a seller named Eric, who wants to sell his property for top dollar. The explanation outlines the significance of Novation Agreements in real estate transactions but is noted as a less commonly discussed strategy on the channel.
