They are a crap shoot, Often blame the world for their hard knocks in life, have very low social skills and all have inflated scenes of entitlement.

Based in New York, my work-life spans across New York City and Long Island while I reside in Mount Vernon, Westchester County.I’m diving deep into real estate investing, working on building my knowledge first and my portfolio later.

Any recommendations for institutions that can extend a line of credit backed by a whole life policy?  

You are talking spreadsheet language in the post that doesn't really correlate to real life unless you are very experienced and using this data based on your experience.

The responsible time to begin raising capital is once you’ve taken projects through full life cycles (hopefully some with success). 

I recently had a buyers agent tell me (at my house) my heat pump was 20 years old and was at the end of its life and needs replacing . 

People sometimes make bad decisions in life and you have to decide whether it is forgivable or not.

Some people just don't have good mentors in there life, and/or need to learn through mistake.

Edit: And taking 10-20% equity on a deal like this with an experienced investor might be completely worthwhile and life changing to be clear. 

It is simpler and lower cost.