Financing NON-move-in-ready house / contractor rec Philadelphia

[Rikako W.]

Hi BP community, 

My husband and I have a house under contract now, but we cannot find any lender who would finance a Multi Family, Investment property (not owner occupy), that's NOT move-in-ready.  The seller was in process of rehab and quit before completing.  It's a legal 2-family house in Roxborough, Philadelphia. The 1st unit is almost done (kitchen and bathrooms are good), but 2nd unit is missing bathroom and kitchens. In the 2nd unit, the bathroom is gutted, plumbing hook ups are there, but there are no toilet, shower pan, and the room is open to the studs. There is no kitchen sink or range. Banks do not consider this "move-in-ready". 

From what I understand, below are Fannie Mae guidelines. 

• For conventional loan (20% down, pay rehab out of pocket), all units need to be move-in ready.
• For renovation loan, all mortgage companies only do single family houses, or owner occupied multi families (203K). 

I'm left to think that only options left are hard money lenders. Does anyone have any experience in navigating similar situation without using hard money? We could get hard money, rehab, and immediately refinance into conventional. However, I'm just really afraid of using hard money... This is our 2nd deal (1st one is a house-hack using FHA).

Please chime in if anyone has inputs/recommendations for HML! We need to find a lender right away.

Separately, we need recommendations for contractors who can install kitchens and bathrooms. The job is not too big, we estimate it to be about $15-25K. 

THANK YOU! Happy July 4th!

Rikako