They pick it up.

Very unusual and foolish for a lender to allow a borrow to pick the appraisor. 

Just be sure you fully understand the process to avoid any mistakes.When picking a firm, make sure to go with a reputable one.

Here's how I do my due diligence:1) Portfolio matching: (takes 30 seconds per deal)a) Have an educated opinion on where I think we are in the real estate cycles (financial and physical market cycles)b) Then and only then do I pick the strategies, capital stack, and specialized asset subclasses that make sense for that opinion.

I do appreciate the no hassle and quick credit for spam leads or duplicates when I make the request, although it would be great if the system picked them up in advance.

So until supply loosens buyers will be forced to get creative and pay up.I don’t think it’s the overall crazy demand like you’ve seen in single families driving up prices- there is just literally almost zero double inventory.I did three doubles last year and still shocked I picked them up at decent prices in Lakewood.

My first market ended up being a bust and decided to pick a different market for out of state investing. 

We did ourresearch and the person we picked had great reviews.

Regular smoke detector does not pick up the smoke.

I think the buyer has to be another investor willing to pick up where I left off.