I am a 34 year old coming from Real estate finance/development. I have a wife and two small kids. Looking forward to a change of pace. As far as training goes, here is what I posted in the general forum, feel free to comment here also! Thanks!
Okay- Here is the scenario. I have 6 months and +/-50k to complete my flight training. I was considering Ari-Ben but then A housing situation fell in my lap that I couldn't pass up so I will be moving to Pensacola area and working with an FBO there. I have a wife and two kids and am prepared to spend around 50k and will have all expenses pre-paid for 6 months without needing to work or get a loan. I almost have my ppl(about 10hrs to go). My question is, within that budget(50k) I was thinking of trying to buy a 172 type plane to time build/train in. I think I can get an older 172 IFR for under 35k. Question becomes, is this a feasable idea assuming I buy the plane right? If so, does this make financial sense? As far as mulit time I realize I would still need to pay for that. Other question is if I buy the plane is 15k enough to take me through ATP if I have an airplane that is paid for? THanks in advance for your responses, not sure if I posted this in the right area so maybe I will post elsewhere also. Thanks! JOE
