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In this video, Morphe discusses novation agreements as a creative way to fix and flip real estate without actually buying the property. He explains that there are three main ways to make money in real estate: fixing and flipping, wholesaling, and buying and holding. Novation agreements allow investors to fix and flip a property owned by someone else. Morphe plans to give a detailed description using a whiteboard and is going to teach someone named Brittany how to utilize novation agreements to overcome challenges in wholesaling. Brittany is struggling with finding buyers for her cash seller, and Morphe suggests using novation agreements as a solution.