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In this tutorial, the video discusses the topic of novation agreements, which is a popular search on YouTube. The host, who specializes in these agreements, explains that novation agreements are a strategy primarily used for purchasing and flipping properties, rather than holding them for long-term investment. The video emphasizes that this approach is a fix-and-flip strategy. The host outlines that there are three methods to execute a novation agreement and begins by introducing a hypothetical seller named Eric, illustrating the process of working with a seller in the context of these agreements.