It is hip to flip homes on this neighborhood.
Tarek El Moussa and Christina Haack are taking on a complete new challenge on HGTV’s Flip or Flop particular, Takeover Flip, premiering Thursday, Dec 2.
In an unique E! sneak peak, the exes are in Los Angeles’ Highland Park, a far cry away from the Orange County they know so properly. For starters, their newest renovation—deserted by its earlier proprietor mid-flip—is lacking a vital element: a roof.
“They stated it was a fixer higher,” Tarek explains to a shook Christina, “however I did not know half the home was gone.”
“An investor purchased it just a few months in the past, began the rehab, went to the town, acquired the permits, began the development, ran out of cash,” he explains, “so we’re right here to take it over if we would like.”
However do they? In spite of everything, he says the three bed room, three toilet, 1,700-square-foot house has an asking worth of $850,000, with a attainable revenue for 1.3 million—however the neighborhood seemingly would not match the invoice. It is a large danger however might find yourself with an excellent greater payout.