I am a Commercial ASEL AMEL Pilot with instrument privileges. I have just over 600 hours of PIC time. I am considering becoming a CFI. I have already purchased my study material last year, but I held up beginning due to concerns about the cost associated with the training. At first, I was focused on attending a school such as ATP at a cost of $6500 +/- up front. Now, due to financial reasons I am considering trying to use a local CFI to simply get my initial CFI rating, then working on my double I, and finally hopefully finding a way to gain the ability to also train in multiengine aircraft.
Does this sound like a viable plan to those of you on a budget? How would you proceed if you aren’t able to part with several thousand up front?
I appreciate your time and help!