Need to know how to dispute an appraisal which came 80k lower than the actual apprais

[Buyan Thyagarajan]

Hi Guys,

I need your advice on a situation. I have a 4 bed 1.5 bath property in Norristown, PA around 2400 square feet.  The original arv when I did the hard money loan was 250k and I got the hard money loan.  I fixed the property added new bath, repainted, refloored and new HVAC units also was added. I got a tenant and trying to do a refinance with lendingone . But the appraiser hired by lending one appraised it for 180k which was shocking. My original  loan itself is 180k and I am really screwed up. I appealed the appraisal with options but the appraiser is not backing down. What can I do now? I will have to put more money to do a refinance which is a horrible situation. Have you guys dealt with a situation like this? Do lenders go with a neutral appraiser which is fair on a property than losing money?

Buyan