Thread: Trying to buy a ct with little money

How does a person aquire a ct with little money? I just retired and really want to be a part of the ct family. Any rich widows out there. I just recieved my private about 2 weeks ago and my next goal is to own my own LSA. I am heading to florida at the end of october for the winter and hope to excel in my goal there.

Well,


there should be a few rich widows around there.

Good luck!

I'd look for a club plane, thats the cheapest way to go if you can find one.

Originally Posted by flyer007

How does a person aquire a ct with little money? I just retired and really want to be a part of the ct family. Any rich widows out there. I just recieved my private about 2 weeks ago and my next goal is to own my own LSA. I am heading to florida at the end of october for the winter and hope to excel in my goal there.

It depends on how little you can afford. I've seen some for sale on Barnstormers around $80K and have been told that there is also one available out in the high-desert for less than $60K. If either of those are too high, then another way to go is to find a partner. I know that there are 3 people in LA area who pooled resources to get one. Just sharing the lowest available between 2 people would get you down to $30K or less, or with 3 down to less than $20K.

The Villages just south of Ocala is LOADED with widows and divorcees. The ratio is approx 11 ladies for 1 guy.....and they are quite aggressive there too.(from personal experience). give the Villages a try. But beware...the Villages has the highest rate of STD's in the country....good luck

The best way to keep costs down is to find 3 friends, and split 10% down 4 ways. Then you each need to come up with 90%/4, which could be financed. You'll split your fixed expenses such as annual inspections, insurance, & hangar fees, then pay only the variable costs like gas & oil. If you have questions, look me up and I'll help.

Exactly what i'm doing. Like having a personal aircraft.


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Like you folks, we offer 'partnership ownership' purchase options to our clients. We also offer a 'leaseback' package of various types, alowing some financial return along with our being able to keep an eye on their investment.

Originally Posted by Tony Miller and Lerose

Like you folks, we offer 'partnership ownership' purchase options to our clients. We also offer a 'leaseback' package of various types, alowing some financial return along with our being able to keep an eye on their investment.

Tony, could you supply an example leaseback agreement?
Thanks,
Tim

Tim -- Give a coupe of days to supply. Will back-channel communication with you.