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Potential Builder in Texas

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  • #1

    Potential Builder in Texas

    Hello, I am currently flying a Maule but am looking at buying a kit from Mark. I would probably go the Patrol route but I was curious as to if any of you have financed the kit. I know there are some companies out there that do it, but just curious if anyone on here had any real world experience doing it.

    Thanks
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  • #2
    Welcome to the forum. Nice to have another Texan. Sorry I don't have experience with the financing but there are lots of smart guys on here that might be able to help.
    CJ

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    • #3
      Welcome Aboard, Tx!

      I would think that Mark is the resident expert on kit financing. At Oshkosh last year I swung by EAA's affiliate financier. aircraft-kit-and-materials-financing The Patrol Kit was not on their list.

      I came away with the feeling that the EAA affiliate's risk management method was to only finance kits that have been widely established (100+ kits flying????). I assume they want a large enough market in order to assess and liquidate an unfinished kit.
      Brooks Cone
      Southeast Michigan
      Patrol #303, Kit build

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      • #4
        Welcome to the forum. I, too, am flying a Maule (MX-7-180A) while building. I think it'll be good preparation for the Bearhawk Experience.

        Good luck with your aircraft choice!

        ~Chris
        Christopher Owens
        Bearhawk 4-Place Scratch Built, Plans 991
        Bearhawk Patrol Scratch Built, Plans P313
        Germantown, Wisconsin, USA

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        • #5
          Brooks, that was the feeling I got too. I talked to those folks yesterday and there have to be 3 for sale in the US for them to establish a basis on the value. If there was one for sale I would just buy it!

          Where about in TX are you Sebastian?

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          • #6
            Baytown, about 30 miles east of downtown Houston.

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            • #7
              How far along are you? Do you know any of the guys that hang out at LaPorte? I am in Montgomery just north of Houston a ways.

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              • #8
                TJ - I have spoken with both Air Fleet Capital and NAFCO over the years. If you want my help to make something like that happen - let me know. Mark

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                • #9
                  The only person I know at La Porte is Gideon @ La Porte Flight Line.

                  I would say about 75 percent complete. I'm in hope of having it flying at the end of the year or early next. Really depends on the amount of time I get to work on it.

                  Are you closer to Montgomery or Lake Conroe?

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                  • #10
                    I guess I am closer to the lake, only about 10 minutes from Papas.

                    Mark, I will look them up and if I have any issues I will let you know.

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