Appraisals are coming in way off base

[Ishmael Carter]

I am zero for two in the Buffalo/Niagara market where my deals (now I question if these were good deals to begin with) fell through my hard money lender refused to fund the loan because the appraisal came in $40k less than asking price for a turnkey property. In another fix and hold the appraiser calculated an ARV that is almost 60% lower than what my agent and I agreed. These could be rookie mistakes in my part but welcome.