Buying vs. refinance

[Landon Graff]

My current interest rate for my personal home is 4.25%. we would like to buy another property as a personal home. So we have two options.

1. Refinance at about 2.8% now. If we do this we can't buy a personal home for 12 months, so we would have to wait. 

2. Keep the current interest rate and rent out as is and purchase a new home at around 2.8% interest rate. 

any help is appreciated, thanks!