Is No Money Down Really No Money Down?

[Dylan Tettemer]

So I have been studying more and more into creative financing and different ways to purchase properties with a low amount of cash needed. I have also noticed that a lot of people want to get into real estate with a very low amount of cash for the entire process. As I have been looking more and more into it, I have come to find out that going into purchasing a property will require some sort of your own cash at some point including attorneys, appraisals, inspections, etc. 

Has anyone actually been able to have these costs covered or not needed or am I right about actually needing cash for this?

[Larry H.]

I bought a duplex in May and paid $0 at closing due to value being higher than the sale price.  All closing costs were rolled into the loan.  Only thing I paid out of pocket was the $600 inspection.