Who decides ARV when applying for hard money

[Brian Camey]

I am looking at a potential new project and have been considering hard money as an option. The particular deal consists of a double lot zoned, with two buildings. The main building has a mother-in-law suite. Due to its uniqueness, I have had hard time pulling comps, making it more challenging to determine if hard money is an option (lender typically only covers 75% ARV) so do I need to convince them what the ARV is or would they have an appraiser determine ARV