Who is the best for a SOLO 401k and why? How can I use it?

[Jeremy Karja]

Hi BP,

I want to roll my ira to SOLO 401k because it sounds better in most ways to compared to self directed IRA. Mainly for the control and sounds like less expensive. This IRA is about 65k

My 2 questions are:

1. Who should I use for a SOLO 401k and why? IE: Fees, ease of use, etc. Should I use the same credit union that holds my HELOC?

2. If I use part or all of my SOLO 401k to buy a rental property, can I take a profit from it or is it considered qualified money?  What about to do a flip?  Can I only use a loan and take income from it or is it truly in my control?

Thanks all!