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**Exhibit      31.2**

**CERTIFICATIONS**

| 1. | I                have reviewed this report on Form 10-Q of Vestin Realty Mortgage                I, Inc.                (successor to Vestin Fund I, LLC); |
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| 2. | Based                on my knowledge, this report does not contain any untrue statement                of a                material fact or omit to state a material fact necessary to make                the                statements made, in light of the circumstances under which such statements                were made, not misleading with respect to the period covered by this                report; |
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| 3. | Based                on my knowledge, the financial statements, and other financial information                included in this report, fairly present in all material respects                the                financial condition, results of operations and cash flows of Vestin                Realty                Mortgage I, Inc. (successor to Vestin Fund I, LLC) as of, and for,                the                periods presented in this report; |
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| 4. | Vestin                Realty Mortgage I, Inc.’s (successor to Vestin Fund I, LLC) other                certifying Officers and I are responsible for establishing and maintaining                disclosure controls and procedures (as defined in Securities Exchange                Act                Rules 13a-15(e) and 15d-15(e)) for Vestin Realty Mortgage I, Inc.                (successor to Vestin Fund I, LLC) and                have: |
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|   | (a) | Designed                such disclosure controls and procedures, or caused such disclosure                controls and procedures to be designed under our supervision, to                ensure                that material information relating to Vestin Realty Mortgage I, Inc.                (successor to Vestin Fund I, LLC), including its consolidated                subsidiaries, is made known to us by others within those entities,                particularly during the period in which this report is being                prepared; |
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|   | (b) | Designed                such internal control over financial reporting, or caused such internal                control over financial reporting to be designed under our supervision,                to                provide reasonable assurance regarding the reliability of financial                reporting and the preparation of financial statements for external                purposes in accordance with generally accepted accounting                principles; |
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|   | (c) | Evaluated                the effectiveness of Vestin Realty Mortgage I, Inc.’s (successor to Vestin                Fund I, LLC) disclosure controls and procedures and presented in                this                report our conclusions about the effectiveness of the disclosure                controls                and procedures, as of the end of the period covered by this report                based                on such evaluations; and |
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|   | (d) | Disclosed                in this report any changes in Vestin Realty Mortgage I, Inc.’s (successor                to Vestin Fund I, LLC) internal control over financial reporting                that                occurred during Vestin Realty Mortgage I, Inc.’s (successor to Vestin Fund                I, LLC) most recent fiscal quarter that has materially affected,                or is                reasonably likely to materially affect, Vestin Realty Mortgage I,                Inc.’s                (successor to Vestin Fund I, LLC) internal control over financial                reporting. |
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| 5. | Vestin                Realty Mortgage I, Inc.’s (successor to Vestin Fund I, LLC) other                certifying Officer and I have disclosed, based on our most recent                evaluation of internal control over financial reporting, to Vestin                Realty                Mortgage I, Inc.’s (successor to Vestin Fund I, LLC) Auditors and the                Audit Committee of Vestin Realty Mortgage I, Inc.’s (successor to Vestin                Fund I, LLC) Board of Directors (or persons performing the equivalent                function): |
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|   | (a) | All                significant deficiencies and material weaknesses in the design or                operation of internal controls over financial reporting which are                reasonably likely to adversely affect Vestin Realty Mortgage I, Inc.’s                (successor to Vestin Fund I, LLC) ability to record, process, summarize                and report financial information;                and |
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|   | (b) | Any                fraud, whether or not material, that involves management or other                employees who have a significant role in Vestin Realty Mortgage I,                Inc.’s                (successor to Vestin Fund I, LLC) internal control over financial                reporting. |
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