Hey all.
I'm working on the comm/CFI right now and predict I need to borrow 5K to finish through CFII. That money is actually available at 0% interest (Thanks to Mom and Dad). Then I figure I will need another 5K to get Multi/MEI this will probably be through a bank. Should I borrow this money right away and knock off Multi/MEI or should I avoid the extra debt and wait up to another year to save up for those ratings. I will be working freelance in San Diego and although I should be able to teach in the twins, I will have to recruit my own students. Is that something that I can reasonalby expect to do . . .recruit multi students as a low time instructor? If that's a long shot then I think I'd prefer to hold off.
Let me know what you suggest.
Mike
I'm working on the comm/CFI right now and predict I need to borrow 5K to finish through CFII. That money is actually available at 0% interest (Thanks to Mom and Dad). Then I figure I will need another 5K to get Multi/MEI this will probably be through a bank. Should I borrow this money right away and knock off Multi/MEI or should I avoid the extra debt and wait up to another year to save up for those ratings. I will be working freelance in San Diego and although I should be able to teach in the twins, I will have to recruit my own students. Is that something that I can reasonalby expect to do . . .recruit multi students as a low time instructor? If that's a long shot then I think I'd prefer to hold off.
Let me know what you suggest.
Mike