Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Tax, SDIRAs & Cost Segregation
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 1 year ago on . Most recent reply presented by

User Stats

31
Posts
12
Votes
Rikako W.
  • Rental Property Investor
  • Union City, NJ
12
Votes |
31
Posts

Solo 401k custodian for loans

Rikako W.
  • Rental Property Investor
  • Union City, NJ
Posted

I want to rollover my IRA into a solo 401k (I'm self employed) and borrow against the 401k for real estate ventures. Currently I use Vanguard which has the lowest fees, but they don't allow 401k loans. Fidelty doesn't allow loans either. What other solo 401k custodians are there that allow loans and have the lowest fees (and preferably offer Vanguard funds)?

Most Popular Reply

User Stats

389
Posts
573
Votes
Jeff Nash
  • Accountant
  • McKinney, TX
573
Votes |
389
Posts
Jeff Nash
  • Accountant
  • McKinney, TX
Replied

None of the large mainstream custodians will include a loan option and they do not allow for true self-direction in regards to the way it is understood in BP (i.e.- invest in real estate and other alternatives).  The have very basic solo 401K options with more limited features that are not customizable.  That might work just fine for many people that just want to stick with traditional investment options and have a simple plan design. @Brett Synicky makes some good points.

  • Jeff Nash
  • [email protected]
  • 844-627-4829
  • Loading replies...