Your best bet would be hooking into the post type transition and creating the second (custom) post (type) via PHP.
Here is a function that can accomplish just that:
// Automatically create a news (regular post in category ID 1 = news) when a wiki post (custom post type) has been published
function nxt_create_news($new_status, $old_status, $nxt_wiki_post) {
if('publish' === $new_status && 'publish' !== $old_status && $nxt_wiki_post->post_type === 'wiki') {
$nxt_post_author = $nxt_wiki_post->post_author;
$nxt_wiki_permalink = get_post_permalink($nxt_wiki_id);
$nxt_wiki_title = $nxt_wiki_post->post_title;
$nxt_postarr = array(
'post_author' => $nxt_post_author,
'post_content' => 'The wiki entry ' . $nxt_wiki_title . ' has just been published.<br /><br /><a href="' . $nxt_wiki_permalink . '" title="' . $nxt_wiki_title . '">Check out wiki entry</a>.',
'post_title' => 'The wiki entry ' . $nxt_wiki_title . ' has been published',
'post_status' => 'publish',
'post_category' => array(1),
);
$nxt_post_id = wp_insert_post($nxt_postarr);
set_post_thumbnail(get_post($nxt_post_id), '1518');
}
}
add_action( 'transition_post_status', 'nxt_create_news', 10, 3 );
For you, it might be the other way round. You’d create a custom post type after a regular post in some specific category has been created. I hope the example above provides enough context, but just ask if you need more input.