re: SBLOC for new home

Sort of but not quite. Your growth in invested assets may out pace the interest on the loan. But if you were invested in interest bearing assets they probably wouldn't out yield the interest accrued. You are taking on the risk of being invested in assets that could go down. You can choose to sell assets or apply dividends or interest to principal or just let balance owed grow while anticipating a larger growth rate on the assets invested.

But current asset backed loan rates aren't that ideal. Instead you are looking at paying ~7% or more which you historically could out perform in an S&P 500 fund but could lose $ and may not be worth risk for a few % potential advantage. Back when total rate was <2% it made more sense to just let interest accrue and loan balance grow because I was confident I'd outperform in mid term.