Using an Option or Lease-Option can enable you to control
property for very little down payment. As an investor, this can
be great if your research has identified that a particular
market is on an upward trend. You could take out an Option to
purchase at a given price in 2004, allow market growth to
increase the value of the property, and qualify for 100% finance
(read: No Money Down) in 2006.
This is only one example of how lease-options can be used.
Investors can make a very profitable business out of creating
lease-option "sandwiches" - simultaneously securing and
onselling properties using Lease-Options, and creating a profit margin