Originally Posted by
SayLess89
I just wanted to start a conversation on the truths or your experience about financing your flight school. Who did you finance through and why. Was it worth it or not. If you had to do it all over agian would you and what would you change.
I started in HS and worked jobs all through college, like many, to get my tickets. But heck, that was 20 yrs ago and 4-bangers were 67/hr wet.
If it was me today? Honestly, I'd take out a loan and buy an airplane. You can get a solid trainer for less than the cost of a new car. I'd take out a little more to cover costs for annuals for at least the first 3 yrs. Your monthly payment on the plane will probably be what 2 hrs will cost you. You'll reduce your cost immensely IMO.
Once you're done, keep it to time build, you can lease it out to a flight school, or sell it. Good luck.