What do you do if you can no longer BRRR?

[Darius Wade]

I bought my first property in February of this year with the intent to utilize the BRRR strategy. I acquired the home as a primary residence while house hacking for the year at a 6.25% interest rate. With the increased interest rates it wouldn't make sense to refinance and pull cash out. So in my situation do I simply wait until rates lower or are there other options for acquiring my second property aside from just saving up more money?