One loan to buy multiple properties?

[Chance Johnson]

Hello all,

I saw on the marketplace a wholesaler (I'd imagine) who would bundle several properties together for 120k. 

My question is, would an investor be able to use a single conventional mortgage to purchase that package/bundle, or would he need to take out several loans? 
My route at the moment remains limited to either subject-to or FHA, as I don't have the assets to afford any more than 3-5% down. However, the owner-occupant requirement of FHA would, I assume, preclude this type of deal.