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lease options are there really a no money down strategy is it possible to acquire a property and put no money into it and control it using a lease option when it comes to a lease option essentially what youre doing is controlling your property rather than owning it so you still can benefit from it and you have the right to be able to purchase it at some point in the future so your lease part is your rental agreement that you have on that property and the option part is your right to buy at some point in the future so what that means is that actually youre not owning the property at this stage but youve got the right to own it at some point in the future but the amount of money that you pay to get into the deal might be minimum and in fact theres many many deals weve done weve only put one pound down to be able to make that deal legal now so strictly speaking is that no money down well not really youre putting a pound down so every deal that weve done has that meant that weve o