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Samuel Leeds, a property investor, explains Lease Option agreements in this video. He learned about this strategy as a teenager when he had no money but wanted to invest in properties. A Lease Option agreement allows you to buy a house now and pay for it later. It is a way to get onto the property ladder without having the necessary funds at the moment. The agreement involves setting a price today for future purchase, similar to buying a car. It is an option for those who want to invest in properties but do not have immediate funds available.