1)
What did Bil'am mean when he said "Hinei Ba'asi Eilecha ... "?
1.
Seforno: He meant that, even if he had come with the first dignitaries, he could not have helped him, and the same applied now, since he was only permitted to say what Hashem placed in his mouth.
2)
What did Bil'am mean when he said "ha'Davar asher Yasim Elokim be'Fi ..."?
1.
Seforno: He meant that Hashem would speak through his mouth, 1 in which case, he himself would not be speaking at all.
1
Seforno: As in Shmuel 2, 23:2.