Forfeit my 401K benefits to invest in RE ?

[Michael D.]

Hi everyone,

I need some advice moving forward (yes I understand you're not a financial adviser)

I have great 401K benefits through my employer they'll match up to 50% of whatever I contribute and vesting is immediate.
i.e. I contribute 18K they add 9K, which is what I'm currently contributing, this is a new rule since 2016 (previously it was 50% up to 6% like other companies).

Obviously this is a tremendous benefit which I'd like to keep using, but I feel I can put that money to better use as a down payment on a sfh/2-4 plex/etc..

I've been in contact with the broker that manages the 401K and I've asked;
1. Can I roll over my current 401K into an IRA while I still work for the company?
=> No, not allowed.
2. Is there some form of self direct method that I can use with my 401K?
=> Yes, via brokerage link. But investing is only allowed in stock market securities, not Real estate.
3. What other options do I have to invest in real estate?
=> You can take a loan out on the 401K, max amount able to lend is 45% of your 401K

What would you advise me to do? I understand that having a diverse portfolio is key but maxing out my 401K does chop into the amount of cash that I can save each month for a down payment.

Thanks in advance!
Michael