You have noticed the massive house price crash in the Republic haven't you?
Your plan seems as uncomplicated as borrowing some money to do a full time course and get your parents to guarantee the loan presumably using the house as collateral.
Go right ahead. Ignore the worst trading conditions the industry has ever faced next year. Ignore the increasing price of debt and the decreasing values of the collateral secured against it. Ignore the hummingly bad recruitment market for Wannabes over the next 2 years (I don't predict it - I guarantee it). Ignore a cheaper training route requiring less net debt which will deliver you the market place further into the future at a better time to be delivered.
Ignore all this. I have several old friends still in the flying training business and they need your money fast. The numbers undertaking PPL courses are plummeting. Wide Eyed Wannabes are therefore urgently needed in the flying training industry.
Do not delay - sign a loan agreement immediately.
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