
Flip or Flop
A short sale listing in La Mirada, Calif., would have a smaller profit margin.

A short sale listing in La Mirada, Calif., would have a smaller profit margin.

A home in Anaheim, Calif., is offered as an all-cash sale with no inspections.

A dated house on a busy street in Hawthorne needs work.

Tarek and Christina are convinced that there is a profit to be made on a 1920s home.

A short sale listing in an upscale neighborhood.

A flipper who is strapped for cash needs to unload a house.

A dirty house with surprise issues will take much work to flip.

Tarek and Christina find a short sale home in Whittier, Calif.

A house with great potential has a very limited time for offers.

A listing in an upscale neighborhood will require cosmetic updating.

Bidding on a distant property without a preview.

Tarek and Christina use their life savings to buy a house without seeing the interior.

Tarek and Christina bid on a house in Ontario; renovations seem cosmetic at first.

Tarek and Christina check out a foreclosure in Yorba Linda, Calif.

Tarek and Christina's hopes are dashed by mold in an upstairs master bathroom.

Tarek and Christina make an offer on a short sale.

A family home in Fullerton, Calif., will need a full remodel and a new roof.

A high-end hilltop home with a beautiful view.

A studio may be a major selling point for potential owners.

A couple realizes that their recent flip purchase is a money pit.