so i am a little passionate about sleep training so I will try to reign myself in. lol. First i would recommend babywise. not only for sleeping but also for general scheduling. I found it very helpful. The only thing i did not do is wake a sleeping baby to keep on schedule unless it had been more than 5 hours since her last feeding. (after 2 weeks that is, you need to wake your baby to feed every 3 hours especially the first few days!).
My daughter was 21 months when my 2nd was born and like you i was worried about dealing with 2 kids in the middle of the night. I don't think it EVER happened. not even once! If it does i doubt it will happen often.
I personally think that one of the first things we as parents are supposed to teach our children is how to fall alseep on their own. This helps babies AND parents get good nights of sleep which makes us better parents and them better babies! babies should have long hours of UNinterupted sleep starting at somewhere around 9 to 12 weeks. (my babies went from 11 pm to 6am in the beginning moving towards 10 hours of night time sleep.)They learn to sooth themselves to sleep if they wake up in the middle of the night never disturbing you. i found that i would wake up at even little groans if they were in my room so i put them in the livingroom or their rooms right away. i would put the kids in their own rooms from the beginning. After 9 weeks wait and see if your baby cries longer than 15 minutes before you go in there. (look at the clock 15 minutes can seem like hours). if it's longer than 15 minutes feed them. if they stop crying they probably weren't really hungry. if they are over 12 weeks waking up in the middle of the night is a habit. they should not need to eat. Every 20 minutes go in and sooth them but don't pick them up. should take maybe 3 days.
i would wrap my girls up really tight in their kidappatamus and put them down AWAKE! most important part. Both of my girls slept through the night from 9 weeks on and we have not have relapses or problems with it ever. And i honestly don't really believe i'm lucky i think we taught them how to sleep. i'm sure it's been a long time since you got a good nights sleep. believe me it is so important for you and baby! i would work hard at it and make it work for your family. Good luck and congrats on the coming number 2! love having 2 kids close together. tons of fun.