Flip or Flop

Tarek and Christina snoop a foreclosure in Yorba Linda, CA. After casing the property and looking through the windows, they're confident the house is in good shape. So they head to bid on the house at a foreclosure auction. During a high-voltage bidding war, Tarek and Christina spend $393K on the property, which is more than they planned. Tarek and Christina want to flip this house in 30 days, so they walk through their house with their contractor, Dan Messina. It has a very awkward layout, with the master bedroom located between the front door and the kitchen. But much worse, one of the bedrooms turns out to be an unpermitted loft conversion! They thought they were buying a 4-bedroom house, but it's actually a 3-bedroom house! If they have to market this house as a 3-bedroom, they will actually LOSE money and will have to write a check to sell the house. Are Tarek and Christina going to Flip or Flop?