Rent My Current Home and Pull Equity out for a New Home?

[Edgar Ponce de Leon]

I'm trying to figure out what the best feasible path to take is?

Option A: I'm trying to figure out if it's feasible to rent my current home, pull out the equity, and use the cash for a down payment on a new home. 

Option B: Sell the home now, rent an "RV", then wait for a great deal/home in a "Buyers" market in 6mo - 1yr.

Any help would be greatly appreciated.