First time aircraft purchase.

[Jessewukie]

Does the aircraft have a current registration? If it's outside of the "drop dead" date on the FAA registry, you have to start all over again. If still a valid registration, no prob, just transfer.

One thing for homebuilts: You will need to ensure that seller has, and that you receive, the set of operating limitations issued by the FAA or DAR at the time the AW cert was granted. Initially used for Phase 1 testing, but they're still applicable for Phase II (anything after phase 1).

The aircraft does have a current registration, not sure about the operating limitations.

After talking to a few other buddies, I think they may have talked me into going a little different route and looking into a Champ or a Taylorcraft. Still up in the air at this point.

Thanks again for all the input guys.