Financing A Property With No Running Water

[Chris Hamrick]

Hey everyone,

My wife and I want to buy a house out in Kansas. Good area, cheap properties. We found a property for $57K. Had it inspected and so far there's not a lot of work that needs to be done. However... the gas nor water was on. It looks like someone cut a copper pipe. It was winterized earlier this year, and now there's a pipe hanging, but it's a clean break which is weird.

I was told that no bank would finance this. One said they'd do it if they could get a report from the company/person who winterized it. We have his name but he left no number on the winterization notice. 

Anyone have any ideas on how I can get this financed? I have some cash, about 40K but I want to put out the least amount of money for financing to anticipate any repairs. There may be more plumbing issues, the furnace may not work, and since it was cool, we couldn't really test the A/C. So I don't want to be cash strapped and it need repairs. 

I thought about hard money, but we want to live in it. 

Any help will be greatly appreciated!