Is it feasible, possible, or REALISTIC for me to find a decent 1st Mooney (first owned aircraft ever, actually) for $25K or under? I can afford plane, space, maintence and future fixed costs in this range.
Mechanically sound, paint serviceable but dosen't have to be pretty (no one can see the worn sports @8000ft anyway), Decent panel that I can get my IFR and I don't care if the interior is "rough" as long as I can redo the door seals and improve it piece by piece.
I see them advertised on many sites. Most are repos or flat out scams.
I want MY OWN Mooney but the reality is, I will only ever get to look at the Ovations.
I was thinking '65-'74 M20C or M20F.
Anyone have hard fast opinions on this? Positive or negative. Is this realistic?
Thanks.
ptb