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In this YouTube video, the host discusses novation agreements, a key strategy for acquiring and flipping properties. Emphasizing its popularity, the host notes that "morby novation agreements" are among the top searches on YouTube. Novation agreements are primarily used for fix-and-flip strategies, rather than long-term investments. The host sets the context by explaining that a novation agreement involves a seller—illustrated with the example of a seller named Eric. The video outlines that there are three primary methods to execute a novation agreement, emphasizing its niche and effective role in real estate transactions.