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In this video tutorial, the host discusses novation agreements, a key strategy for acquiring, fixing, and flipping properties. Highlighting the popularity of this topic, especially on YouTube, the host emphasizes that novation agreements should be viewed primarily as a fix-and-flip strategy rather than a long-term investment. They explain that there are three methods to execute a novation agreement, which involves negotiating with a seller—illustrated with an example using a fictional seller named Eric. Overall, the tutorial aims to clarify the concept and practical application of novation agreements for eager property investors.
