A real estate loan workout -- it's like a boxing match. It requires months of preparation and heavy work. Then you get knocked down in each of the first three rounds and you can still come back and win the match.
Attempting to work out the loan on your own, well, that can be slow acting poison. You'll never know you failed until it's way too late.
Actions you take six months before you default can have positive or negative implications three gut wrenching years down the road.
