Starting RE investing with old 401K

[Roland Brown]

I am extremely curious about moving my old 401K (prior employer) into an account to start low level lending, note investing, etc. I would like to see if anyone has experience doing this and how it has been so far. 

What kids of Fees should I plan for during the Roll over process?

What kind of account maintenance fees are there?

Is it beneficial to move my funds to Roth before I start investing?

Where are good places to start note buying, and lending?

I don't command  a fortune but I would like to leverage what I have to learn the business. Are there common pit falls I should be aware of?

Bonus Question:I also want to move into investing by way of BRRRR with separate funds. I do understand that comingling strictly forbidden and actually see benefits to having the two activities separate as it creates Silos for the activity. Do the Attorney and CPA I use have to be separate?

[Dmitriy Fomichenko]

@Roland Brown When done properly, you can rollover your old 401k into a self directed IRA (or a Solo 401k if you have self employed income) without any tax or penalty.

Investing in notes and lending with a self directed retirement account is a wise strategy. You can search for examples here on BP as many other investors have gone this route.

The most important thing to note is when investing with an IRA/Solo 401k is that you need to keep it at arm's length. For example, if an IRA purchases a property, all income and expenses need to go through the IRA itself. You cannot pay for the property insurance, for example, with your personal money. It is then a good idea to leave reserves in your IRA/401k to cover unexpected expenses.