$15 DIY Hula Hoop Cabinets With HGTV Star Jasmine Roth

It is hip to flip homes on this neighborhood.

Tarek El Moussa and Christina Haack are taking on a complete new undertaking 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 effectively. 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 a couple of months in the past, began the rehab, went to town, obtained the permits, began the development, ran out of cash," he explains, "so we're right here to take it over if we wish."

However do they? In spite of everything, he says the three bed room, three toilet, 1,700-square-foot dwelling has an asking worth of $850,000, with a attainable revenue for 1.three million—however the neighborhood seemingly does not match the invoice. It is a huge threat however might find yourself with a good greater payout. 

"I do know this space is hipster central," Christina says of the up-and-coming neighborhood, "it is nonetheless actually onerous to consider that this home will promote for $1.three million."

The pair being from Orange County are out of their component, however they may simply be in for this very "completely different world" growth as Tarek explains.

Make sure you tune into HGTV Thursday, Dec. 2 at 9pm ET.

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