You are referring to reincarnation. Reincarnation is a myth, an idea entirely foreign to that has been revealed by God. In Hebrews 9:27, Bible teaches that it is appointed to man to die once, and then face judgement. Even the Catechism is against reincarnation (CCC 1013). Ultimately, we will go to heaven, and be with God forever, or go to hell, which is eternal exile from God's loving presence. Of course, on the way to heaven, a person may need purification in purgatory. Reincarnation denies the need for a Savior. Titus 3:5 says that we are not saved by works of righteousness, but by the renewal offered by the Holy Spirit. Reincarnation is a philosophy that says we have to continually "work" to improve ourselves, allowing us to come back to life as something better than before. According to this philosophy, the death of Christ for our sins has no meaning because our salvation is totally dependent on our continued work. (My answer continues in the comments)
I believe in reborn, it's just gonna take a while to get in another body, it doesn't matter if you go to hell or heaven, god has created both of them just for peace and hatred and for the loving, if we die we have to take a reborn to improve our mistakes and to move on in our next life.