Banks follow what is called an "amortization schedule") that means that each month a little more of your payment is applied to the principle and eventually you have paid enough to actually pay off the loan and all of the interest. 

The website is a lead capture sight that draws people who are looking to sell their house.

Other benefits as well:Tax depreciation Principle pay down (building your wealth instead of throwing your $$ away by renting)Hands on experienceYou're taking action and getting yourself in the game!!! 

I'm open to suggestions and I'm aware of the liability getting the loan with exit no deal in sight.

Don’t lose sight of the importance of building relationships with people in your circles.

I know it’s a long haul to actually get my money but it’s the principle of it. 

I can always increase my Payments to Principle to speed the payoff.

Every single poster could make use of understanding some of the basic principles!

@Eric Koelling - Not to get to deep here but regarding decisions like this - I'm a fan of Occams Razor"Occam's razor (or Ockham's razor) is a principle from philosophy.

In terms of principle I wouldn't ever take on deal that is negative cash flow from the start.