The parent path for each of your accounts may look the same, but there's no guarantee that they are on the same server.
Accounts are separate entities, you can not go up one account's domain path and over to another account. IIS prohibits that or else I'd be able to go from my account over to your account.
If you have multiple webroots (domains) under one account, you can go up the path, but not over to another webroot. If you put your db in a directory above the webroots in the path, both webroots can hit it.