Do bank finance property that requires rehab

[Pratik Desai]

I found one property which is in a good location and has a potential of fetching a very good rent.

Property is in short sale and asking is 60K. Estimated reno. is going to be around 20K to 30K.  

Bank will require appraisal and are there any chance that Bank will not finance the property based on appraisal? 

 I am planning to do 30% down and planning to take care of reno. cost.