Welcome, Sparki!

Originally Posted by
Sparki
Now to my specific question: If something with mass falls into a black hole and due to the pull of gravity approaches the speed of light, why does matter upon reaching infinite mass or light speed, not create another black hole within the black hole? Links or simplified answer are appreciated and thanks ahead of time

Well, several things come to my amateur mind; first, where does it say that something falling into a BH gets to lightspeed? For a supermassive black hole, IIRC, something can drift in relatively slowly. It's only the escape velocity of a BH that is lightspeed.
Second, it's only the relative or apparent mass of an object that changes as it approaches lightspeed, not the rest mass.
Third, BHs do not have infinite mass, as we've been able to measure their mass in terms of multiples of Solar mass.
Fourth, we have no idea what actually happens inside an event horizon, as it's impossible to observe the inside of one, but multiple black holes too close together are thought to merge-- violently. As most BHs we've observed absorb matter yet do not constantly display signs of mergence, there probably are not other black holes hiding inside the event horizon.
STARGAZING: All I see are the lights of a billion places I'll never go. --Howard Tayler, Schlock Mercenary