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In this YouTube video, the host introduces the concept of novation agreements, a strategy often searched on YouTube. The focus is on how novation agreements work in the context of acquiring, fixing, and flipping properties. It's emphasized that this strategy is strictly for short-term investments and not for long-term holding. The host outlines that there are three methods for executing a novation agreement. He begins to illustrate the process by using an example involving a seller named Eric, who has a house. The video aims to educate viewers on this "ninja strategy" while acknowledging that it’s a less commonly discussed topic on the channel.