How long after refinancing can I purchase into FHA loan?

[Lisette S.]

I am considering refinancing my current primary home loan ( renting it will give me $1000 cash flow/mo) and want to purchase and move into a home with an FHA loan. I've been told that if I refinance now I will need to wait 1 year to purchase again. I want to purchase in about 5-6 months or less than 1 year from now. I am still working on getting the down payment for this move, so it will be at least another 6 months before purchasing to be ready to do this. Can someone confirm or deny that I would need to refinance if I do refinance now? I've been holding off on refinancing because of this detail, but the refi rate is more than a 1% difference and tempting.