Hello Brains trust,
Our plan is to begin debt recycling our PPOR by redrawing to purchase dividend paying ETFs.
is it as simple as just redrawing, transferring straight to the brokerage account and purchasing the shares.
example:
$500k home loan
make a $50k cash payment to PPOR
Redraw $50k
transfer $50k and purchase income producing shares
is this the correct method for achieving debt recycling, or will I encounter issues somewhere.
thanks
steve