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One thing, buying isn't the same as being able to fly it. The last of the Piston engined fighters were very high powered, tricky airplanes to fly. It takes a lot of practice and training. But, if you have the money, you'll be able to afford it.
B. To be eligible to serve as PIC of a surplus military propeller-driven airplane that has a maximum gross takeoff weight exceeding 12,500 pounds, or which has a horsepower rating of more than 800 horsepower and a VNE that exceeds 250 knots, an applicant must:
· Possess at least a U.S. private pilot certificate with an appropriate category and class rating (e.g., airplane, single-engine land);
· Possess at least a valid U.S. third-class medical certificate;
· Have logged a minimum of 500 hours of pilot flight time; and
· Have completed one of the training requirements of subparagraph 5-1582A of this section.
From the FAA:
Typically, you find a warbird examiner that gives you a "check out" on the aircraft for a type rating. Depending on the aircraft, or rarity of it, you could have some difficulty finding someone who can do that (although I think Joe probably has way more knowledge on that than I do).
If you have some time to kill and can wangle through the legal stuff, it is covered pretty well here:
Raptor Aviation, LLC FAA warbird airmen certification rules
i thought that the texan was a trainer? to me that implys that it is easier to fly hence a trainer. now as i recall a stearman is a biplane. so i'd have to fly 500 hours in a tailwheel plane, then 500 hrs in a texan, before i could try to fly my 10 mill corsair? my 10mil investment is going to be spending a lot of time in the garage.
could i sit in it and make vrooom-vroom sounds? with an occasional tack-tack-tack-tack for fun?
Tailend, Yes i could, and i used to do that, with people shooting at me, course i really didn't shout Geronimo it was more like "OH SH*T"