Refinancing a Newly Acquired Property

[Jennifer Figueroa]

Hi all. I introduced myself a little while ago.  Have a question that has been drilling my brain all weekend, it will be great to hear advice on what the best course is from experienced and knowledgeable people. I've been researching, these last three days, but there is so much information and diverse opinions I feel lost.  I just closed on a property (primary) last month. I've been thinking about re-financing it ASAP.  My thinking, and it might be misguided, is I will like to get into another property, a rental property before year end.  I am afraid taxes will kill me this year as I used 401K for the downpayment of this primary home.
Should I wait the 6 months?

Is it a good or bad idea to re-fi that quickly?