Could someone school me on a ROTH Solo 401k?

[Craig Garrow]

So, I've got a full time job and an employer matched Simple IRA that I contribute to. I'm also a real estate agent and investor, and I have read some things about a Solo 401k plan, that I may be able to start and fund because I have self employment income, and am a sole proprietor. I currently have a ROTH IRA that has very little in it that I'd like to roll into that. I'm just looking for more info on the Solo 401k plan. I like the ROTH idea, and I like that I can eventually take loans from it to fund down payments for my real estate investments. Who's using them, and what do you think? Thanks in advance!