The first is buying a house without proper inspection. Sometimes, flippers or rehabbers find a very cheap fixer upper home. The deal’s so good they fear it might go to another flipper if they don’t seal it immediately. So, what they do is check the house themselves and swiftly buy it believing they saved thousands of dollars and outfoxed competition. They then discover that the property has structural problems and would require more than just “cosmetic” rehabbing.