Flip This House Season 4 Episode 18 Peter's Short Sale Steal

Peter's Short Sale Steal is the eighteenth episode of the fourth season of Flip This House. In this episode, the team comes across a short sale property and they quickly realize that it's a steal. Peter is put in charge of taking on this project and turning it into a profitable flip.

The property is a two-story, three-bedroom house located in a nice neighborhood with good schools. The house is in good condition, but it has been on the market for a while because the owners are facing financial difficulties and need to sell it quickly. The listing price is well below market value and Peter sees this as an opportunity to make a quick profit.

The team starts the renovation process by looking for ways to increase the value of the property. Peter decides to add another bedroom and a bathroom to the house, which will make it more attractive to potential buyers. He also decides to update the kitchen and bathrooms, replace the flooring, and give the house a fresh coat of paint. The team works hard to get everything done on time and within budget.

Throughout the renovation process, Peter encounters obstacles that challenge him both financially and creatively. For instance, he discovers that the plumbing in the house is outdated and needs to be replaced, which puts a dent in the budget. Additionally, the team runs into complications when trying to add the extra bathroom, but Peter is able to come up with a creative solution that works.

One of the biggest challenges Peter faces is finding a buyer. The housing market is slow, and it's not easy to find a buyer who is willing to pay the full price for the property. However, Peter is determined to make a profit on this flip and he starts marketing the property aggressively. He hosts multiple open houses, advertises on social media, and even reaches out to his network of potential buyers.

Eventually, Peter finds a buyer who is willing to pay a fair price for the property. He closes the deal and makes a profit that exceeds his expectations. The team is proud of their hard work and successful flip.

Overall, Peter's Short Sale Steal is an exciting and informative episode of Flip This House. It shows viewers what it takes to flip a property successfully, even in challenging market conditions. Peter's determination and creativity are inspiring, and viewers can learn a lot from his approach to flipping.