Flip or Flop

Tarek and Christina pair up with an investor to score a house in a gated, Anaheim Hills neighborhood. They know expensive flips can mean large returns, but they also take more time.

Tarek and Christina consider restoring a midcentury modern home in Costa Mesa, CA. It's more expensive than their usual projects and the renovation could get pricey, but they could turn a big-money profit from this big-money flip.

Tarek and Christina check out an off-market listing in La Habra, CA, that appears to need only cosmetic updating. With the seller eager for a quick close, they hope to get it for the right price before it hits the market.

Tarek and Christina flip a midcentury home with a dream layout in Placentia, California, but not without their fair share of surprises and setbacks.

Tarek and Christina receive a call from a longtime friend who needs some help flipping his family's house. With the aid of Tarek and Christina's knowledge and experience, he may be able to get his family a higher sale price.

Tarek and Christina get a lead on a trust sale property in Anaheim, CA. It's in good shape and seems like a mostly cosmetic project, but as the budget starts ballooning, they wonder if this home has more pitfalls than potential.

Tarek and Christina get a lead on a house that has known foundation issues in the exploding market of Torrance, CA. Right away it seems like this might be a bad buy, but the land value alone could make this flip worth the risk.

Tarek and Christina spot a run-down, tenant-occupied home in La Puente, CA. 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.

Tarek and Christina find a small home in the desirable neighborhood of Costa Mesa, CA. It will require a lot of work, but they hope to transform this house from the worst on the block to the showpiece by the beach.

Tarek and Christina scope out a small house with a cramped floor plan in Fullerton, CA. While it seems high-priced for the area, if they can buy it for the right price and stay on budget, it shows great potential for profit.

Tarek and Christina find a short-sale listing for a large home in upscale Yorba Linda, CA. With an asking price just below $1 million, this would be the most expensive flip they've taken on -- and also the biggest risk.

Tarek and Christina buy a property in Santa Ana, CA, that could be both a great family home and profitable flip. With the property needing a lot of work, they worry big problems could threaten to bring the profit crashing down.

Tarek and Christina encounter hidden problems and untimely mistakes while renovating an old home in Santa Ana, California.

Tarek and Christina acquire a short sale in Anaheim, California, with a puzzling maze of barricaded windows and suspicious additions. They'll have to stay on budget to turn this tricky fun house into a functional family home.

Tarek and Christina tackle a rundown and overgrown home in Chino, California. Recent area sales show potential for profit, but right away they uncover serious water damage.