Appraisal Came in Low. Now What?

[Demetrius Lindsey]

Hello BP, 

The wife and I are buying a lovely triplex to house hack. The appraisal came back $50k less than the purchase price. We want the house but don't want to overpay for the property. Our options are 1. Walk away 2. Come up with the difference (Not happening) 3. Hire a new appraiser and see what they come back with. 

Curious to know what anyone else has done or some advice.