This is good advice, maybe I just need to push harder with the lenders??? I've just been asking if they do asset/credit based lending and they all just say credit and that they can't help me out.
This must be outdated because I called AOPA earlier this week (they no longer do direct financing but partner with another financier), and the rep informed me that they strictly do credit based lending now.
That was evident quickly hahaha. No one has even answered my question which was "does...
Thanks for holding back. It's too bad you couldn't refrain from making such a well substantiated conclusion about my situation. I hope you're more thorough in your market research.
Funny that the banks will pre approve me on a house 10x the cost of the aircraft I want, but won’t touch the plane with a 10 ft pole.
The house is a necessity they say...
Let me start by saying, I'm not soliciting financial advice ;)
Has anyone used/does anyone have recommendations of a lender that does asset-based financing vs credit-based?
TIA
Thanks for the tag Ryan. This is a beautiful 172. I'm still weighing whether or not to go for a 172 given how expensive Cessnas are currently (and leaning towards a IFR trainer).
(cross posted on Baja Bush Pilots)
Hi PoA -
I work remote and love being south of the border. After acquiring my PPL (~50 hours deep), I'd like to continue flying/learning/staying proficient in Mexico and becoming fluent in Spanish. I'm wondering what you folks would suggest as far as good...
That's not the first time i've heard this...do you know what sorts of measures gringos usually take to prevent this from happening?
Thanks for all the info Bell