Flip or Flop

Tarek and Christina get a lead from their friend and investor, Pete, on a house he's recently purchased. It's situated in an upscale, gated neighborhood and it's a house Pete can't tackle on his own. A large, expensive flip can mean equally large profits; but it also takes time and even the littlest mistake is magnified. Will Tarek and Christina be able to partner with Pete to score their biggest profit yet, or could they lose it all in this natural disaster flip?

Tarek and Christina are contacted by an out-of-state seller looking to sell an old family home. It's a large house in original condition and could be a great flip. But it's also more expensive than their usual projects and the renovation could get pricey on this midcentury modern time capsule. Can Tarek and Christina turn a big money profit from this big money flip?

Tarek and Christina head to La Habra, California to check out an enticing off-market listing. The home is typical for the area and appears to need only cosmetic updating. With the seller eager for a quick close, it could be a great deal if they can get it for the right price before it hits the market. Can Tarek and Christina transform this house into a dream home or could a nightmare renovation spell flop for this house of hidden horrors?

Tarek and Christina head to Placentia, California to check out a lead on a midcentury property. The home is dated but the size and layout is a designer's dream; and most importantly, the numbers indicate it could be a profitable deal. But as is often the case with old homes, no project is as straightforward as it seems. Can Tarek and Christina overcome surprises and setbacks to survive this frantic fiasco?

Tarek and Christina get a lead on a trust sale property in Anaheim, California with an original layout and a dated design. It's in good shape and seems like a mostly cosmetic project with a lot of potential. But when their project manager comes back with a ballooning budget and a laundry list of contingencies, Tarek and Christina wonder if this home has more potential than pitfalls. Still, skilled flippers that they are, Tarek and Christina don't back down from a challenge and know that with no risk, comes no reward.

Tarek and Christina receive a call from their longtime friend, Carlos, who is deciding whether to sell his family's home or to try his hand at flipping it. It's a tall order for a novice flipper, but with the aid of Tarek and Christina's knowledge and experience, Carlos may be able to get his family a higher sale price. Can Tarek and Christina safely mix friendship and business to turn a profit on this family friendly flip?

Tarek and Christina get a lead on a house in Torrance, California that is not only in rough shape, but also has known foundation issues. Right away it seems like this might be a bad buy; but Torrance is an exploding market and the land value alone could make this flip worth the risk. The house is going to need it all: good design, structural improvement, and careful renovation. It's a big project but it has the potential to be a big profit. Can Tarek and Christina transform this down and out home or could significant problems leave their budget and their profit margin on the verge of breaking up?

Tarek and Christina spot a home that's for sale by its owner in La Puente, California. It's in rough shape to say the least and because it's tenant occupied, they can't look inside. There's always a danger in purchasing a house sight unseen, but if they can get it for the right price, this home has the potential to pay off big time. Can Tarek and Christina right this sinking flip or could this home prove to be the stuff of wreck and ruin?

Tarek and Christina spot a listing for a small home near the beach in Costa Mesa, California. The home is in rough shape and will surely require a lot of work to renovate, but it's in a desirable and eclectic neighborhood and properties in the surrounding beachside communities command top dollar. Can Tarek and Christina transform this house from the worst on the block to the showpiece by the beach, or could a ballooning budget prove this diamond in the rough to be a lump of coal?

Tarek and Christina scope out a house in Fullerton, California that's in a good neighborhood and shows potential for profit. And while it seems a little high-priced for the area, if they can buy it for the right price and stay on budget, it could be a great flip. Will Tarek and Christina be able to unpack this cramped floor plan or have they backed themselves into a corner on this boxed in flip?

Tarek and Christina find a short sale listing for a large home in an upscale neighborhood of Yorba Linda, California. With an asking price just below a million dollars, this would be the most expensive flip they've taken on - and also the biggest risk. Can Tarek and Christina give this house the luxury treatment without busting the budget, or could this million dollar flip be a seven figure flop?

Tarek and Christina get a lead on a property in Santa Ana, California that has the potential to be both a great entry level family home and a profitable flip. But after walking it with their contractor, it's clear this run down home is going to need a lot of work. Can Tarek and Christina bring this project in on time and on budget, or could bad luck and big problems threaten to bring the profit crashing down on this dilapidated flip?

Tarek and Christina head to Santa Ana to check out an off-market listing. It appears to be in good shape, has a great layout, and with strong comparable sales in the area, this home could be a great buy. But profitable on paper doesn't always translate into profit on paper. Can Tarek and Christina stay on budget or could hidden problems and untimely mistakes make this a pesky flip?

Tarek and Christina get a tip on a short sale in Anaheim, California that has plenty of potential and is certain to attract investor interest. With only hours to determine if this could be their next flip, they meet their contractor at the house and are puzzled by what they find - a maze of barricaded windows and suspicious additions. Tarek and Christina know that if they're going to flip this house, they'll have to stick to the budget. Can they revive this family home or could tricky obstacles distort this fun house flip?

Tarek and Christina get a lead on a home for sale in Chino, California that's rundown, overgrown, and in desperate need of cosmetic help. The price is fair and recent sales in the area show potential for profit. But right away there's a problem and Tarek and Christina are left wondering if this is an isolated issue or sign of what's to come. Will they turn a profit on this home or could mounting problems threaten to topple this trickle down flip?