My uncle has a deal for me. What do you think?

[Nathan Oakes]

So my uncle has a friend who has a house that is for sale in a lower income residential area for $15k. The whole inside of the house needs to be gutted and redone and needs a back porch and a couple of windows need replaced. He is willing to front me 15k, but he thinks the house needs 20k to renovate if I do the work. He knows how to do it all and will show me so I will have a good teacher. The house and property is currently listed as only being worth $27,000. My hope is after renovation the house would be appraised for more. The problem is, is that I do not have the 20k. I'm wondering if a hard money lender would help me out with that? Do you think this deal would be worth it? I want to make it a Rental.