Pros and Cons to Purchasing a flipped home.

There are pros and cons to buying flipped houses. The main benefit is that you won’t have to manage any major renovations on your own. It’s the most convenient type of house to buy unless you’re going to buy a brand-new home—but then you’d be paying a lot more.
Of course, there are horror stories. You might have heard about homebuyers moving into a flipped home only to discover that the “renovation” was little more than cheaply applied makeup. A new carpet covers rotting floors, and shiny new kitchen cabinets are hiding clunky plumbing. The homebuyers realize that their “flipped house” is actually still a fixer-upper.
Believe it or not, there’s another way you can reap all the benefits of a flipped home, without any of the cons. Consider pre-purchasing a flipped home.