Multiple conventional loans in a year?

[Jordan Johnson]

My wife and I are in the process of building a house that will hopefully be ready around November. At the same time, I would like to start my venture into real estate this year. What worries me is if I found a property and got a loan for it, would I be able to get a loan for our house later this year? My wife and I both have excellent credit and good paying W2 jobs. We never had a late payment on our last house and sold it so it’s need paid in full. The only other loans we have are both our cars. I’ve considered private lenders but I would like to completely rule out a conventional loan before pursuing any private lenders.