Real Answers from Real Pilots

Financing guidance question

So to be brief:

I am 26 with 60k in savings. Should I take out a loan still? I am not sure strategically what my best bet is here. I can get a co-signer to ensure a loan, but is that the best bet? Get a loan for 40k, and pay the rest upfront?

Looks like upon completion of my medical i will be starting to fly in March 2018 in Los Angeles. Super excited, but I don’t want to mess up on the financial side of things.

Any guidance for me out there?

Thanks!

That is really up to you and what you decide is best for your situation. I am always a fan of preserving capital, but that is just me.

Not to be a wiseguy but we’re pilots, that’s a question for an accountant.

Adam