Investing with s Solo 401k

[Tara Simms]

I am new to bigger pockets and new to real estate investing. I have opened s Solo 401k and plan on buying my first property with it. With a solo 401k, no mortgages are allowed so it will be a cash purchase. I feel like this goes against the no or low money down concept and increases risk but the thought is that all rental income is reinvested in 401k. My plan is to purchase a new property every 3 years with this and to grow a retirement portfolio. I also plan on purchasing property not as retirement for passive income now. Any thoughts, ideas, pros and cons of this vehicle are greatly appreciated.