AirDate: 4/29/2014 |
Overview: 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. |