Minimum $ amount to open a Solo 401K?
I know it's vulgar to talk about money, but as of today I have $25,862.64 sitting in a 401K from and old employer. The returns are horrific.
It's not much, but I'd like to put that money to better use by buying a rental property within a solo 401K. I read that I would need a lot more money to do so, but why? Would fees eat away at my funds? Do I need a larger down payment? Any and all advice is welcome. Thanks.