Buying multiple houses back-to-back

[Myranda Birch]

Hi there,

My husband and I own one house in California and are being reassigned to Ann Arbor, MI for the military. We will be renting out our CA house and I would like to buy another house to live in/fix up when we're in MI and rent that one also when we leave. However, I was in the process of potentially buying another house in VT as a short-term vacation rental.

Is it possible to buy two houses at the same time? I would need loans for both, but have money for down payments.

Thanks!