Master-Master on a VIP with a multiple Slave Is it possible to have a MySQL set-up that is running on a 2 Active master running over a VIP/Keep alive. Then having a multiple slaves that connecting to the VIP of the 2 master for the replication?

(The application is only connected to the VIP of that 2 master and any write can accept on any node, if master1 is busy, then master 2 will take the new write to the database and replicate it to the master1).

So, that if ever that there's an issue with the master1 still the master2 is running and the replication is also running smoothly as it is connected with the VIP of the 2 master.

Any inputs are really and highly appreciated. Thank you very much in advance!
Do not connect a Slave to a pair of Masters via a VIP.

There is nothing to keep the binlogs synced up, so a Slave must communicate with only one Master.  (Multi-source Slave is a different topic.)

You could, however, have half your slaves connected to one Master, and half to the other.  Then if either Master goes down, you lose only half the Slaves.

If you are trying to limit the configuration to only 3 servers, then consider Galera (in PXC or MariaDB).  It has a lot more advantages than M&lt;->M->S.

Even with multiple Slaves, consider Galera with 3 nodes, then evenly distribute the slaves off the Cluster nodes.  Now a single Master failure will lead to losing only 1/3 of the Slaves.

(Actually, you don't lose the Slaves of a dead Master, but they do get stale.)