- Mix your cream cheese, eggs, vanilla, heavy cream, and sugar. 
- Divide the cheesecake mixture into two bowls. 
- In one of the bowls, add in your red velvet cake and red food coloring. Mix well 
- Prepare the crust, mixing the graham crackers, sugar, and melted butter. 
- Add parchment paper to the bottom of your springform pan. Spray lightly with non-stick cooking spray. 
- Add half of the graham cracker mixture to the bottom of your springform pan mold. Push down to flatten the graham crackers with your fingers or the back of a spoon. 
- Add your white cheesecake mixture to the top of your graham crackers about halfway of your springform pan. Then add about 1/4 cup of the red velvet cheesecake mixture to the middle of your cheesecake. 
- Add 1/4 cup of the white cheesecake mixture to the middle of your cheesecake 
- Continue alternating red and white filing until you have filled your springform pan mold. (For the second cheesecake, add the red velvet cheesecake mixture first, then ¼ cup white cheesecake, etc.) 
- Taking a toothpick, chopstick, or knife, starting from the center, move outward toward the pan creating straight lines. Once you have done this, start from the center and create a clockwise circle creating swirls moving toward the pan’s outside. 
- Add 1 1/2 cups of water to the bottom of your Instant Pot. 
- On the side, place your trivet on a flat surface. Place your cake pan on the trivet. Carefully transfer the trivet to the inside of the Instant Pot. 
- Close the lid on your Instant Pot and close the sealing valve. 
- Cook on High Pressure for 45 minutes. Once completed, allow a natural release for 5 minutes. 
- Carefully remove the trivet inside the Pot using the trivet handles with hot pads or a towel. 
- Transfer and cool in the fridge for at least 5 hours or overnight. 
- Remove from the fridge when ready to serve!  
- Plate, serve, and enjoy!