Flip or Flop

Christina convinces Tarek to take on a classic 50's flip in Norwalk, California. Once they begin updating the vintage home to create a more functional layout for contemporary buyers, it proves to be a huge challenge as they navigate a tight profit margin.

Tarek and Christina take on a huge project in the upscale beach community of Corona del Mar, California, where trying to meet the highest standards of architecture and design proves to be no easy task in this seaside townhouse flip.

Tarek and Christina head to Huntington Beach, California, to check out a large home in a nice neighborhood. The home is dated and has a boxy layout, but they hope their plan to modernize this monster will prevent them from wiping out in Surf City.

Tarek and Christina head to Lakewood, CA to flip a home on a street where they have flipped multiple other houses; they have always gotten lucky by taking risks in this neighborhood.

Tarek and Christina take on a house in Costa Mesa, California, with major foundation problems. While they lean on their past experience to leverage a good deal, the amount of work needed to fix the issues could crack their budget wide open.

Tarek and Christina find the perfect flip in Norwalk, California, but to avoid blowing their budget on over-improving the home, they'll need to utilize all of the fundamentals and rely on their experience to sell this house quickly.

Tarek and Christina find a house in Anaheim, California, with some strange additions that could cause problems down the line. They team up with contractor Izzy Battres to make the most of this house without blowing their budget.

Tarek and Christina head outside their comfort zone to flip a house that needs some work in Walnut, California. With few fixed-up homes nearby, they hope to leave their mark by setting the standard for local comps in this new neighborhood.

In order to take advantage of a hot market, Tarek and Christina plan a quick flip for a small house on a big lot. While their fast moves could land a big payday, they risk rushing the important details and creating bigger problems down the road.

Tarek and Christina are challenged by a home in Fullerton, CA with a unique style. Trying to go with the flow of the home's design, they are met with problems that don't quite jive with their vision.

Tarek and Christina take over a project in Highland Park, California, that the previous owner abandoned mid-flip. When their inspection reveals that it doesn’t have a roof, they’ll have to piece this puzzling house together in an unfamiliar neighborhood.

Tarek and Christina get a chance to flip a house in San Clemente, Calif.; when the cost to fix the foundation catches them by surprise, they realize they may have been too enamored by the panoramic views of the ocean to see the potential problems.

Tarek and Christina make a costly decision to open up the floor plan on a stinky 1950s home in Whittier, California. The duo encounter extensive termite and water damage as they try to turn this disgusting and dated house into a modern money maker.

Tarek and Christina have seen some nasty houses during their years of flipping, but this house in Garden Grove, CA might take the cake. And as they attempt to update the old home they encounter new problems that make them question their choices.

Christina convinces Tarek to take on a classic 50's flip in Norwalk, California. Once they begin updating the vintage home to create a more functional layout for contemporary buyers, it proves to be a huge challenge as they navigate a tight profit margin.

From dirty carpets to rotten food, Tarek and Christina thought they had seen the worst of this house in Cerritos, California. After finding a bird cage with years of mess, they struggle to see past the trash and transform this home into a profitable flip.

Tarek and Christina take on one of their biggest projects to date in Anaheim Hills, California, but modernizing this '90s mansion will cost them a fortune. If they don't get the design just right, it could jeopardize the profit and their big investment.

A flip in Mission Viejo, California, looks promising until Tarek and Christina discover cracks and uneven floors -- this house is slipping off the hillside! After receiving a hefty quote for the fix, they realize this home may put them over the edge.

Tarek and Christina take a risk on an unseen house in Orange, California, but they soon discover it's been vandalized and the owners covered a gross pool in the backyard. As more issues pop up, Tarek and Christina worry they won't recoup their costs.

Tarek and Christina are lured to North Hollywood, CA, by a 1930s Spanish home. They want to appeal to trendy Los Angeles buyers by preserving the historic architecture, but the home's inconvenient distance causes unexpected issues during renovations.

Tarek and Christina take on a Laguna Hills, CA, house in a cookie-cutter neighborhood. When they arrive at the home, they find torn-up drywall and missing exterior siding, making them wonder why someone would leave the property in such a hurry.

Tarek and Christina get a lead on a house in an upscale neighborhood of North Tustin, CA. When they show up to view the house, however, they face competition from other investors. They must act quickly to flip the home before losing out in the hot market.

Between busy schedules, Tarek and Christina find time to check out a home in La Mirada, California, when a good deal pops up. What looks to be a quick flip turns out to be more difficult when problems arise as they try to modernize the layout.

With so many flips in play, Tarek and Christina take out an expensive, hard-money loan to flip a house in Fountain Valley, CA. They're pressured to flip the house quickly as they juggle design decisions amidst a tight timeline.

Tarek and Christina find a small house in Lakewood, CA to flip quickly. But when they discover an unpermitted addition, they are faced with a dilemma of bringing the addition up to code or tearing down the nicest part of the house.

Tarek and contractor Izzy Battres take on a small house in Fullerton, CA. The seemingly easy flip becomes difficult when removing a wall creates a nightmare with the city and an unpermitted laundry room must be moved inside.

Tarek and Christina get a smoking deal on a Yorba Linda, CA, home with a closed-off floor plan. They spend big money to remove a fireplace and open up the space, but when Tarek goes behind Christina's back and changes a tile design, she tackles the new fireplace herself.

Tarek's friend, Robert, wants to get into flipping and they buy a home sight unseen in Lakewood, CA. When they discover it's a major hoarder house filled to the brim with junk, Robert worries they made a mistake.

Tarek and Christina team up with their friend Pete De Best on a house in Yorba Linda, CA. They've flipped houses with Pete and have had success, but he's a major penny pincher, and they must convince him that you have to spend money to make money.

Tarek and Christina take on a house in Anaheim, CA, designed by architect Cliff May. Having flipped a Cliff May house before, they're prepared to spend big for a midcentury makeover. But bad news from the city inspector and unexpected big-ticket expenses threaten to dig into their profits.

Tarek and Christina find a house in Long Beach, CA, with tons of potential. To justify their investment, they decide to add a bedroom and bath. As work begins and problems spring up, they hope they haven't bitten off more than they can chew.

Tarek and Christina take a gamble on a tri-level house in Irvine, CA, buying it sight unseen. The neighborhood is hot, but the house needs a lot of work. After opening up the tiny kitchen and updating the master bedroom, there's still a lot to do with a shrinking budget.

Tarek and Christina flip a house in Lakewood, CA, near one of their previous flips. They hope to repeat their past success, but modernizing an old house comes with a high price tag. A good flip will set the bar for the neighborhood, and a bad flip will leave them with minimal profits.

Tarek and Christina flip a house in Fullerton, CA, right across the street from Tarek's first flip. Before renovating, they have to deal with crumbling concrete, and they need to figure out the market for the house. A lot has changed since Tarek's first flip, and changes bring new challenges.

Tarek and Christina return to the street of a previous flip in Cypress, Calif; when they can't agree on a design for the kitchen, they decide to settle matters with a quick game of hoops.

Tarek and Christina find a good deal in a familiar neighborhood in Anaheim, CA. They need to act fast if they want to lock it in, but they have to make an offer without seeing the inside.

Tarek and Christina get a lead on a house in Rowland Height, CA. This 3 bedroom, 2 bathroom house should be a quick flip but once they open the door they see this is a bigger project then they anticipated. Can they turn this run down house into a profit or will this flea bag flip be a flop?

Tarek and Christina take on a flip in West Covina, CA, which is a new area for them. They have to expand into new cities in order to grow their business, but the distance and their uncertainty of what buyers expect in the area lead to disagreements on the scope and design of the house.

Tarek and Christina flip a home in Rowland Heights, CA, that's jam-packed with issues. There's a large pool in a small backyard, and unexpected additions create problems they've never seen before. As their budgets grow and profits shrink, Tarek and Christina need to figure out creative ways to get top dollar on this project.

Tarek and Christina get a lead on a house in Whittier, Calif.; the home is dirty and dated, with a large fireplace in the center that will cost a fortune to update; they struggle to find a happy medium between design cost and profitability.

Tarek and Christina get a lead on a Santa Ana, Calif., home with mid-century architectural details that could sell for top dollar; they're forced to outbid other investors to snag the home, leaving them wondering if more money means more problems.

Tarek and Christina flip a four-bedroom, tri-level home in Orange, Calif. with a pool full of problems and a dated interior floor plan.

Tarek and Christina find a good flip in Garden, CA, but Christina is worried that Tarek's penny-pinching will prevent them from making the necessary design decisions to maximize profits. As the flip goes along, Christina keeps pushing for big design to impress buyers while Tarek tries to manage the bottom line.

Tarek and Christina get a lead on a four-bedroom, two-bathroom home in Lakewood, Calif.; their hopes and dreams of a great deal in a good neighborhood shatter when they discover that the dilapidated house has been vandalized.

Tarek and Christina flip a large home in the unfamiliar neighborhood of Arcadia, CA, but their differing opinions threaten their profit margin in an area with a high market standard.

Tarek and Christina take on a home that's full of surprises in Santa Ana, California. They work to modernize the house as much as possible to appeal to the modern-day buyer, but with every challenge comes many problems.

Tarek gets a lead on a house in Buena Park, CA, and calls Christina to check it out. When they arrive at the house, they find that it's dated inside and out and requires much more work than they'd hoped. As the renovation continues, Christina struggles to tell Tarek she wants to sell the house they lived in together because the news could send their flip off the rails.

Tarek and Christina are out of town when they get a lead on a house in La Mirada, California, and are forced to buy the house sight unseen. Christina worries the house may be packed with problems, but Tarek believes big risks come with big rewards.

Tarek and Christina flip a small home with big problems in Long Beach, CA. What seems like a great home reveals an avalanche of problems from the front door to the garage. This junk-pile flip is filled to the brim with hidden obstacles -- can it be saved?

Tarek gets a lead on a house in Diamond Bar, CA, and asks Christina to meet him to view the property. Tarek rushes off for a date, however, and Christina relentlessly pokes fun at him. The underlying tension leads to a blowout, which could get in the way of finishing the flip and making a profit.

A seller is looking to offload a three-bedroom, two-bathroom home in Garden Grove, CA, and asks Tarek and Christina to come have a look. The home already has an open floor plan and a master bedroom, but one of its bedrooms may be illegally permitted which could lead to hidden costs. Have they bought into a money trap or will they be able to pull out a profit on this infringing flip?

Tarek and Christina check out a three-bedroom, two-bathroom home in their new stomping grounds of Garden Grove, CA. Hoping to snatch this property before it hits the market, they arrive to find the house is dirty with a mosquito-infested pool but has the potential to be charming. If they want to sell, the project will require a complex renovation with little room for error. Can they talk the seller down to a lower asking price or will Tarek and Christina have to pull off the perfect flip?

Tarek and Christina are contacted about a three-bedroom, two-bathroom home in Anaheim, CA. The home appears to be in great shape and already has some major renovations completed, but the owner doesn't know how much they want to sell it for. There are structural issues that will have to be addressed before Christina's vision can come to fruition, but if she can pull it off, she and Tarek can make big bucks off this property. Is this house a flipper's dream home or are the structural issues the first of many problems to come?

Tarek and Christina are contacted by a homeowner wanting to sell their four-bedroom home in Garden Grove, California. Knowing the high returns for the area they decide to go for it, but find the layout strange and question whether it's actually a four-bedroom house after all. Did they make a huge mistake, or can they find an upside from this potential mishap

Tarek and Christina uncover some unpleasant surprises after buying a tenant-occupied home in Whittier, CA.

Tarek and Christina get a lead on a house in an upscale neighborhood in Laguna Beach, CA. Even though the house is small, it has an ocean view, which means big money. Having never flipped in the area, they aren't sure what to offer for the house, so they visit another flip in the area and see that the house they want is overpriced. When they offer below asking price for the home, the seller is shocked. Will they be able to get a good deal on this beachside home or will they miss their chance to make big money in Laguna?

Tarek and Christina get a lead on a home in Garden Grove, California. They always do well in this neighborhood and see big potential with this house. When they go to check out the house there is a large workshop addition which could be a huge selling point for a buyer later on. Will this addition help sell this home once it's renovated or will permit issues bring down this wishful workshop

Tarek and Christina get a smoking deal on a house in an up-and-coming neighborhood of Garden Grove, CA. With not too much work to be done, this house should be quick flip for them. Can they keep this flip on schedule or will unpredictable problems douse this hot market flip?

Tarek and Christina are contacted by an owner in Anaheim, California, looking to sell their three bedroom, two bathroom home. These three bedroom, two bathroom houses are quick and easy to flip, exactly what they are looking for. Upon inspection the house looks good, but there is only one hiccup in their plan -- the second bathroom is only a half bathroom and it doesn't meet code. Will they be able to make this bathroom functional and keep the value of the home or will they have to lose a bathroom and some profit along with it

Tarek and Christina get a lead on a house in Buena Park, California, that has a large lot behind it. This lot could mean extra profits if they are able to split and sell it separately from the house. The house poses its own problems with a strange layout and permit issues that could set the project back. Can Tarek and Christina take on this new challenge or will setbacks keep them in this double lot limbo?

Tarek and Christina get a lead on a home in Garden Grove, California, that is in need of a major makeover. The house is small and needs a lot of work but it does have a large yard where they could add an extra bathroom or bedroom. Could an addition be the perfect solution to their problems or will it just end up subtracting from their profits?

Tarek and Christina get a lead on a midcentury house in La Habra, CA, that is towards the top of a hill. The margin is tight on this home so they need to get in and out quickly to maximize profits. The neighborhood calls for high design and they need to deliver if they want to sell this house for top dollar. Will they be able to nail the design, or will this home be a midentury miss?

Tarek and Christina are contacted by a homeowner in Garden Grove, California, about a house they want to quickly sell off the market. The house needs a lot of work, and has strange rooms everywhere which could spell disaster when trying to get permits. Can Tarek and Christina rebuild this dated house into a dream home, or will troubles threaten this doll house flip?

Tarek and Christina buy a charming bungalow home on the edge of a historic Long Beach, California neighborhood. Christina loves the period details and design while Tarek loves that the good condition of the interior could mean savings in the budget. Will Tarek and Christina be able to turn this home into a classic beauty or will this old house teach them a lesson.

Tarek and Christina check out a home with a tight profit margin in Whittier, California. The house is in good shape though, and it shouldn't take much time or money to transform this property. It's a risk, but as long as they stick to the schedule and budget they could turn a quick profit and move on to their next flip. Will it finally be smooth sailing on this project or will setbacks threaten Tarek and Christina's fast money flip?

Tarek and Christina are contacted by their friend and fellow investor, Pete. He's already purchased a home in Anaheim, California and wants to bring Tarek and Christina in on what should be a quick flip for a modest profit. But as renovation begins, Pete's budget estimate goes out the window and this is starting to look less and less like a good buy. Can the trio save their investment on this narrow margin flip?

Tarek gets contacted by his friend Pete DeBest who wants to go 50/50 on a smoking deal on a house in La Habra, CA. With the new addition of baby Brayden to the family they have their hand full. So while Christina is busy with Brayden, Tarek will team up with Pete to tackle this flip. Will the friendly duo be able to pull it off or will unforeseen problems sink this substitute flip?

Tarek and Christina flip a house in Garden Grove, CA. They really have their work cut out for them on this one because not only is the house on a busy street but it is a mess! Have Tarek and Christina opened up a can of worms or does this flip have some hidden potential waiting to be uncovered?

Tarek and Christina get a lead on a home in Riverside, California, with a massive backyard. It has great views and room to create a pool and outdoor living area fit for a five-star resort. The potential is there to make this the biggest backyard transformation they've ever done, but it won't come cheaply and they risk spending more than they can get back. Can Tarek and Christina create and reap the rewards of a resort-style backyard or could rising costs threaten to sink this backyard staycation dream home?

Tarek and Christina get a lead on a split-level home in Long Beach, California. The style is unique among the other homes in the neighborhood and the small backyard is a ripe for creating classic California-style indoor/outdoor living. As work begins and the backyard starts to take shape, surprise interior costs threaten the overall budget. Can Tarek and Christina create a backyard beauty by the beach, or could design woes push them over the edge of this split-level falls?

Tarek and Christina get a lead on a home in Torrance, California, that's just miles from the ocean and several upscale beach communities. The yard is small and tiered, but buyers in this area demand luxury and are willing to pay top dollar to get it. Tarek and Christina decide to pull out all the stops and make use of every inch of yard space to create an entertainer's dream fitting of its anticipated million dollar list price. Can they keep a lid on their budget or will this hillside spool wash away their profits?

Tarek gets contacted about a house on a desirable corner lot in Torrance, CA. Upon initial inspection it looks like a quick flip but then they see the house and foundation have cracks everywhere! Will Tarek and Christina be able to repair this home or will these splitting seams become a total rip off?

Tarek and Christina get a lead on home in Fullerton, CA which seems too good to be true. Upon arrival they see the house is riddled with cracks. Even with foundation repairs the profit margin is so large here it should be a good flip for them. With Christina close to having their baby, Tarek has his hand full with this one. Will they be able to rebuild this foundation from the ground up or will they watch as their profits disappear into this quicksand flip?

A run-down house in Corona, Cal., receives a modern makeover. But to get the job done, Tarek must enlist an old friend, while Christina is restricted to bed rest during her pregnancy.

A homeowner in Costa Mesa, Cal., contacts Tarek and Christina about a great deal on a 1960s single-story home in a great neighborhood. But once they start working on the rehab, they immediately run into big-ticket issues that threaten their profits.

Tarek and Christina flip the worst home on the block in this Anaheim Hills neighborhood. With high profit margins in a desirable neighborhood this should be a slam dunk. Can Tarek and Christina renovate quickly or will a the strict HOA hold up this communal flip?

Tarek and Christina buy a turn of the century home in a historic Santa Ana, CA neighborhood. Old homes always present unseen problems throughout the process and this home is no exception. Can Tarek and Christina handle the issues that come along with renovating a century old home or will ancient issues come back to haunt them?

Tarek and Christina are contacted by a realtor about an exciting new listing. So new, in fact, that the realtor doesn't even have keys yet. If Tarek and Christina want to buy this house, they'll have to do so sight unseen. The price is right and the profit potential is huge, but who knows what lurks behind that front door? Can Tarek and Christina stay on budget or will they be left clawing for profits on this cat nip flip?

A house in disrepair is transformed into a modern home by Tarek and Christina in the Season 5 premiere.

A 1960s home is given a modern update.

An abused property in Santa Ana, Cal., is transformed into a new family home.

Tarek and Christina are approached by an investor/friend who wants their help flipping a large home in an upscale, gated neighborhood.

Tarek and Christina scope out a house in Fullerton, Cal., that's in a good neighborhood and shows potential for profit, although it seems priced a little high for the area and they have to modify a cramped floor plan.

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?

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 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 purchase a house in Long Beach, California, and though they have only seen the house from the outside from a car, they take an educated risk knowing that properties in the area are selling for $100,000 above asking price.

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 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 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 find a small, rundown listing on a large lot in Buena Park, Calif., with a low asking-price.

Being so busy, Tarek and Christina are very interested when a fellow flipper contacts them about partnering on a house, but they have to be careful not to give away their trade secrets while working together on budget and design.

Tarek and Christina find a clean house in good shape that is aggressively priced in comparison to comparable properties in the area. It appears as good as advertised, so they quickly make an offer to snatch up this fast and simple cosmetic flip. But when they return as excited new owners a few days later, they are floored by what they discover.

Despite their project manager's numerous concerns, Tarek and Christina take the plunge with an Anaheim, Calif., trust sale property.

Tarek and Christina find a well-priced fixer upper in Anaheim, Calif., but in spite of the character, historic homes hide unknown problems.

Tarek and Christina come across a For Sale By Owner property in Garden Grove, California. This type of sale is always exciting for a flipper because it means no real estate agent commissions and an opportunity to negotiate a fair sale price. The house is in good shape and looks to need only cosmetic repairs and improvements.

Tarek and Christina spot an interesting property with an attractive backyard structure in Long Beach, California. Because the house is currently tenant-occupied, they must make their decision without the benefit of personally inspecting the property. Tarek and Christina make a deal to buy the property, but when they arrive as the new owners, they are shocked by what they find.

A home that was abandoned in the middle of a massive do-it-yourself renovation catches the interest of Tarek and Christina.

A friend reaches out to Tarek and Christina looking to partner up on a craftsman-style home in a historic area of Santa Ana, Cal.

Tarek and Christina take a calculated risk on a small house that's boarded up and in rough shape.

Tarek and Christina come across a listing for a newer home in Yorba Linda, California that has great potential but has seen better days. The owner is motivated to sell quickly which could yield an enticing deal; but it also means Tarek and Christina won't have much time to inspect if they want to wrap up this investment property. The home is newer and will require mostly cosmetic fixes, but a series of cracks inside and outside have piqued Tarek and Christina's interest. Can they handle the problems hidden throughout this house or will they crack up before they can finish this cracked flip?

Tarek and Christina get a lead on a home in Anaheim, California that is being offered as a quick, all-cash sale with no inspections and no contingencies. This seems like a project that's right up their alley. But with a tenant still living in the property, Tarek and Christina can't see inside the home before deciding to make an offer and anything could be behind that front door. Will the unknown spell disaster or could a little tender loving care be all that's needed to reverse the woes of this neglected flip?

Christina receives an e-mail from an agent who has a listing in the South Bay neighborhood of Hawthorne. The dated house needs a lot of work and while it's situated on a busy street near an airport and a noisy elementary school, its attractive list price draws in Tarek and Christina. It's a challenge, but this total renovation is the kind of project they love to take on. That is until work begins and a multitude of hidden problems rise to the surface. Will Tarek and Christina's high hopes fall on deaf ears, or can they overcome this home's loud, louder, and loudest problems to turn a profit?

Tarek and Christina come across an intriguing short sale listing in the desirable neighborhood of Torrance. The exterior is in good shape and the comparable properties indicate the house could be a good value; but once they tour the home it becomes immediately clear that a lot of work and a lot of money will be required to update this 1927 home. Convinced that there's a profit to be made here despite the numerous challenges, Tarek and Christina punch their dance card and purchase the property. Can Tarek and Christina navigate this renovation maze or will they live to regret taking this house out for a barnyard dance?

Tarek and Christina get a lead on a short sale listing in Anaheim Hills that has just fallen out of escrow. The large home shows promise and with a heftier-than-usual price tag, Tarek and Christina will need financial help.

Tarek and Christina are contacted by a cash strapped flipper who needs to unload a project house. With no bathrooms, no kitchen and nothing but plywood floors, exposed framing and piles of rubble, Tarek starts adding up the dollars required just to rehab the house.

Tarek and Christina spot a home listing online that's set for an auction that afternoon and based on neighborhood comps, the dirty and dated house looks like a bargain. By outward appearances, all it needs is an inexpensive cosmetic rehab. But after an unusual auction and a bevy of surprise issues, this dirty, dated and undesired home has quickly become more work than Tarek and Christina ever imagined.

Tarek and Christina find a short sale home listed in Whittier, California that's rather small but the asking price of $275,000 looks enticing next to comparable properties in the area. With their own resources spread thinly across other flips, Tarek and Christina have only $300,000 to spend on the home and its renovation. Despite their rigid debt ceiling, they're convinced they can purchase and rehab the home within a strict budget. But as problems are discovered and the margins start getting tighter, Tarek and Christina hope they can turn a profit on this investment home that is too small to fail.

Tarek and Christina come across a bank-owned listing which has been on the market for fewer than 24 hours and is only accepting offers until 5:00pm the very same day. It's a house with great potential and Tarek is ready to pounce, so they make an offer and the bank accepts. But as renovation rolls along to bring this home to its true potential, problems arise. As budgets crash through ceilings and deadlines continue to be pushed, could this latest flip turn out to be nothing but trouble, or will it prove it always had nothing but potential?

Tarek and Christina get a lead on a listing in an upscale neighborhood of Whittier, California and although the entire home will need some serious updating from its original 1969 finishes, the renovation appears to be mostly cosmetic and comparable properties suggest great potential for profit. With all their money tied up in other flips, Tarek and Christina must secure a hard money loan to make an offer on the home; but that alone will cost them hundreds of dollars a day in interest and one never knows what budget-busting financial hazards could be lurking behind those popcorn-textured walls. Can their contractor renovate this big house in a small timeframe or will unforeseen problems leave the project a day late and a dollar short? Could this high-end home and its expensive loan leave Tarek and Christina singing the hard money blues?

Bidding on a distant property without a preview.

Tarek and Christina buy a short sale for only half of what is owed on the house. But when they realize a back addition is unpermitted, the added costs may erase their profits and leave their planned facelift covered in red ink.

Tarek and Christina purchase a large family home in Fullerton, CA, that needs extensive rehab. They check out a newly renovated neighboring home with an identical floor plan and decide to replicate the house for their own flip.

Tarek and Christina decide to invest in a banked-owned hilltop home with a view. But they realize even after maxing out the credit cards, the only way to cover costs is for Tarek's mom to invest by taking out a home equity loan.

Tarek and Christina jump on a bank-owned, 1920s Craftsman bungalow in Whittier, CA, with a bonus permitted studio in the back. But their schedule gets delayed and profit margin gauged by lead paint and a broken water main.

Tarek and Christina convince an investor to invest in a Garden Grove foreclosure, but soon realize the house is a money pit. With their investor breathing down their necks, this flip has them surfing the brink of disaster.

Tarek and Christina spot a family home in an upscale neighborhood in Cypress, CA. They tour the house to see if they want to make an offer and discover signs of water damage that can't be investigated until they own the house.

Tarek and Christina purchase a foreclosure in Anaheim Hills, only to find the house has been vandalized. They worry their entire budget will be spent fixing the damage instead of doing the upgrades that would attract buyers.

Tarek and Christina win a great deal on a four-bedroom foreclosure with a pool in La Mirada, CA. But when they discover a bevy of unpermitted construction, they are forced to demo additions and decrease their square footage.

Tarek and Christiana spot a curbside auction for a foreclosed 1920s Spanish-style house in Santa Ana, CA. It needs an overhaul but has charming original architecture that will add to its value.

When it comes to flipping, Tarek and Christina are no strangers to plunging in and taking risks despite the warning signs. The duo is revealing the biggest risks they've ever taken including dangerous security issues, losing a family member, keeping up a post-divorce working relationship and more.