Cash Out Refinance Hacking?

[Samuel Kunzman]

Hello,

My business partner and I are looking to do a cash-out refinancing on a couple multifamily buildings we have here in Albuquerque, NM. The values aren't high enough for Fannie and Freddie loans, and every portfolio lender we have been contact with doesn't get any say in who they get stuck with on the appraisal. If you have experience working with a lot of appraisers there is a huge discrepancy in valuations they come up with depending on how skilled they are in finding applicable comps. Does anyone know of any lending programs where there is visibility into who gets to do the appraisal?

Many thanks in advance for any input.