The loan is secured by the property and I doubt the lender will release the loan unless you pay it off.

My plan is to use the equity starting out for a profitable fix and flip or 2 then obtain another rental property,    I’m just so confused with the equity because how am I to keep being approved for the loan with having so many open?

You can do this after you close on your property just keep in mind not all loan programs allow to close or Quit claim into an LLC. 

If this is for a fix and flip your project and your level of experience will determine what type of loan you qualify for. 

I bought a 2,200sq ft 3 bed, 2.5 bath home in 2022 using the VA Loan for $330,000 at 3.25%.

my wife would assume the loan, and quit claim deed her mom off.

We used a local credit union a few years ago to refi many of ours using conforming loans.

I used my VA loan to buy a 4 plex in 2020 and still own it today, it cash flows about 2k.

Can I use my wifes income to help qualify for loans if we both personally guarentee it even though I will be the sole owner of the LLC?

He told me that he would have to send the loan back through underwriting causing yet another delay.