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In this video, the speaker discusses land contracts, also known as contracts for deed, as an option for real estate investors. A land contract serves as an alternative to an installment sale. In an installment sale, the seller acts as the bank, allowing the buyer to make monthly payments for the property, similar to a mortgage. Unlike traditional sales, the buyer receives the title to the property immediately upon the sale's completion. The speaker aims to clarify these concepts and provide insights into how land contracts can be beneficial for real estate transactions.