Hey BiggerPockets community,I’m looking for some advice on selling my investment property in Riverside, California, especially since I’m considering offering creative financing options.

For landlords, lease options can attract tenants who are committed to the property and may take better care of it.Commercial Property Considerations: When considering a lease option for a commercial property in Texas, ensure that:The terms of both the lease and the option agreement are clearly defined and legally binding.Both parties understand their rights and obligations, including maintenance responsibilities, payment terms, and conditions for exercising the option.Consult with a real estate attorney to draft or review the lease option agreement to protect your interests.Here are some things that may help you form a pros and cons list going forward:Advantages:Potential for higher rental income due to the option premium paid by the tenant.Attracts long-term tenants who may eventually purchase the property.Allows flexibility for both parties in uncertain market conditions.Considerations:Ensure the option fee and terms are fair and reflect the property's market value.Understand the financial implications and tax considerations associated with lease options.Be clear about the tenant's ability to exercise the option, including financing requirements if they decide to purchase.Lease options can be a viable strategy for commercial properties in Texas, offering flexibility and potential benefits for both landlords and tenants.

I'd suggest following them on Facebook as they really share some great information and details about the services they offer.

Online Courses and Webinars: Platforms like Udemy, Coursera, and BiggerPockets offer courses specifically tailored to new real estate investors.

In addition, there are some units (2) that are vacant which I'm trying to determine how much those can be rented for (assuming no upgrades made to units/overall property).  

Longhorn Investments offers 100% purchase and rehab financing (total loan amount up to 75% ARV) and has been doing so on this model for years.

Some hard money lenders may offer better leverage but the interest rate and origination fees will be higher.  

I would assume the tenant will have to be evicted(worst case) and factor that into my initial offer. 

Your bank is simply offering you a conventional loan. 

Many investors offer residential 1-4 unit financing but a vastly smaller percentage offer 5+ units.