Found a PROPERTY BUT NEED HELP!!

[Shant Ohan]

Hi Everyone,

So as everyone is aware trying to find a BRRR property in california is not easy. I was able to find a property that is mostly finished besides the flooring BUT it also needs septic and requires the county water hook up. I think the property ( I haven't been there yet) requires flooring, sheet rock, and some minor details like base boards. It is a 2b/2b but I would like to convert it into a 3b/2b. Property is 159k and 1280 sgft and the lot is 7841 sgft. I have two question:

1. Will banks finance a property even though it is not complete/live-able? 

2. Would this be a deal someone would take on as a first time home buyer(knowing that it requires water/sewage)? The numbers would work out to rent this property and average property prices in the area are around 300-400k 

Anything else I should consider as a first time home buyer before I get too caught up on this deal?

Thank you!!