He says all that is needed is the permits to start building (unverified but will research). 

In other words, will any of your assumptions not hold true as far as the extra income you might see? 

I wanted to pay him right away to draw up architectural plans and secure permits, but he delayed.

Better be high to take on that extra risk

But at 75/25, it changes to 65/35, accounting for my extra money, but also his bonus percentage. 

I recently sold a home and have an extra 20k in the bank should I pay the credit cards off, or use the 20 k to invest into properties?

I recently sold a home and have an extra 20k in the bank should I pay the credit cards off, or use the 20 k to invest into properties?

Get an extra job on the weekends and save up.

The wholesalers we are working with tend to be new which is great because they are working their butts off to find us what we are looking for but at the same time we have to do extra due diligence since the ARVs and repair estimates can be off as well as ensuring the location is what they say it is.It seemed impossible in the beginning but it's getting more real every day.

I don't know how that extra zero got on there!"