@Ian Ray - I'm not sure of the agreement/arrangement you have with the broker, but might you be able to try to wholesale one or two of the properties to then have capital for the third?

I don't have an agent on board...I'm going to wholesale to gain capital for my next project. 

I've recently acquired a land contract for 10 residential lots in 29 Palms that I'm interested in finding out more about development costs and ideas for single family and/or vacation rentals due to large military base and Joshua Tree National Park.

I am only starting out as a listing agrnt and buyers agent at first to not only learn the market well but also build capital.

David Kiper where did you get those quotes from, national lenders?

The best solution is to either use your capital for a smaller deal, or bring someone on as an equity partner.  

They are a national association that has both regional and national conferences.

I think National City of Imperial Beach are both great military rental locations but Mira Mesa could be good as well.

Best VC success stories out there for Raising Seed Capital?

"even though real estate investors make a lot of money, they end up having to pay it all back with capital gains, they'll have to pay the piper sooner or later" I then thanked him for his time and ended the call.