Oracle Database Discussions

Hello,

I am facing a troublesome situation here regarding a database link. Usually I create my db links between two databases hosted on two different servers but in this current situation, am in short of machines. The database informations are contained in two different schema that were suppoded to be imported on two different databases(servers). As only one machine is available,I would like to know given the situation, whether I can create two schemas on the same database and link both schema using a database link. Is it possible? If yes, how do I achieve that?

Thanks in advance.