Do I have enough for a Sheriff Sale

[Naomie Popo]

Hello, 

I am 26 years old and have been able to save up $20k to invest into real estate. I currently rent and have been saving  to get into real estate deal. There is a home in my neighborhood going up for a sheriff sale due to mortgage issues. I have done some research, $60k principal, the owner has passed and the deed is now in their relative's name no other liens on the property based on what I can find from the deed recorder's office. The house is in obvious needs for repair just looking at it from the outside. It's a row home and I was able to look at one of the homes in the row which seemed in pretty good shape. Now for my question; Is it too risky to borrow hard money for this deal? The 20k I have will probably cover 20% of the auction bid if I were to win but I'd need financing to cover the full amount plus the needed repairs. Any advice or thoughts?