It's great that you're spending some time educating your self first.

Credit isn't as important if your interested in creative financing techniques, I would highly recommend spending that money on more advanced education and or marketing depending on which strategy you end up choosing.

You mean find someone who can leverage their 401k?

We're working on formalize our gatherings a bit more now that we're getting a decent bit of attendance.The plan so far includes beer, snacks, lots of networking, and a perhaps some speakers, in a pitch free, educational get-together.The bulk of this thing is going to be about networking and fun!

My CoC is about 8%, I am planning to leverage it some time down the line.

I currently have about 350 to 400k in equity in my personal residence and would like to use it as leverage to buy a multi family rental property.

I’ll just keep on educating myself and looking.

My goal here is to accumulate as much education and resources as I can and hopefully meet some really cool people who are doing awesome things in this area.  

Some clients save thousands of dollars a year with a Solo 401k compared to a self-directed IRA.Here are a few of the Solo 401k benefits:Compared to an IRA, Solo 401k contributions limits are roughly ten times higher.There is no custodial requirement for the 401k.You can take participant loans from the plan.You don't need the additional expense and administration of an LLC to have checkbook control.There is a built in-Roth component whereas IRAs are either traditional or Roth, not both.A spouse can also participate in the same Solo 401k plan.The Solo 401k has additional tax benefits over an IRA when investing into real estate using leverage.

They actually granted us an exemption from the requirement for some time, because A) they knew is was really not viable, and B) we have a solid track record of providing quality client education that they could trust.One option may be to move your IRA-owned LLC to another custodian that does not have this requirement, which really is meaningless window dressing.I will add, we are a  very compliance oriented firm with a distinctly conservative approach to reporting and operations using the IRA LLC platform.