Typically, 1 draw per $10,000 in rehab or whatever you can afford for your upfront cost to start your rehab. Remember, this is a reimbursement of funds. You need to determine what your cash flow looks like. If your budget is $75,000 and you ask for 3 draws be prepared that your initial out of pocket cost will be $25,000 and you will keep using that $25,000 throughout the entire rehab. Again, figure out what you can afford to pay upfront and base that on how many draws you are going to need.
The costs for the inspection and disbursement are collected upfront at $400 per draw at closing. If you don’t plan for enough inspections up front you will need to pay for them as you go before you can get your reimbursement.