Yes, it is possible to make money with zero out of pocket expense.
I am as skeptical as the next person, and I know it's easy to get tired of reading all the ads for worthless programs that promise the moon but fail to deliver.
I'm not selling anything and I have actually used this real estate investing technique to make money on several occasions.
I found a single family home (for sale by owner) and worked out a cash price with the seller for $15,000.
I signed an option to purchase agreement with the seller and told her I would contact her soon to schedule a closing.
Within a few days, I located another investor looking for a cheap rental property; I signed a purchase agreement with him selling the house to him for $20,000.
About thirty days later we all went to closing.
We did a simultaneous closing.
I did not have to bring any money to the table.
The $20,000 went from my buyer through me to my seller minus my $5,000 difference.
I had a total of two hours worth of work invested.
Not a bad payday.
This sounds very easy when I can explain it in just two paragraphs, but there are a lot of minute details that are very important to make this work.
First, you have to find the right property and have a motivated seller.
You have to make sure you use the proper agreements and give yourself plenty of exits if things go bad.
There are many other details to consider and as an investor you must always do your own due diligence.