Double J Capital Corporation

I founded and formerly incorporated in the state of Iowa my company Double J Capital Corporation in the year 2008. The EIN is 26-2235416.  All filings in the state of Iowa are current and up to date. The corporation has a DBA of JMMJ properties which specializes in flipping properties particularly duplexes. The corporate owner is very experienced in the acquisition and disposition of properties including establishing accurate budgets for rehabilitation, recognizing particular component costs and is gifted in acquiring particular components at extreme discounts to enhance the property's total valuation when completed.  The current property was obtained through unusual circumstances and by the payment in cash for only $50,000. The current property is the director's 23rd duplex. Current insured valuation determined by Progressive Insurance through a complete exterior photo inspection of the property is in the range of $371K to $391 thousand dollars. The property lot is a full block deep and a little more than a half of an acre. The building is 2872 finished square ft and has 5 bedrooms, four bathrooms, two kitchens, two complete fully furnished laundry rooms, 2 brand new high 98.6% efficiency Amana Gas forced furnaces with Amana 15.3 seer air conditioning units. Both sides of the unit have updated 200 amp electrical panels. The roof is four years old, the vinyl siding, windows, doors, soffit, fascia, trim, gutter system, 26' X 9'  ten foot elevated deck off of the master bedroom are all new or or are in the process of being replaced.