$50 Craigslist 360 EXTREME budget rebuild??

I got the 77 360 with car oil pan and 904 transmission which I believe to be core. But as I think about it- I disassembled that 360 completely bagged it up and put it in my shed. I'm starting to wonder if I could just hone it out re-ring it put a motor completely together and toss it in the duster and basically and blow it up LOL. But this would have to be done Basically on no money or less almost beg borrow steal and trade and just the barest minimum of cash. And if i can get the 904 together cheaply the wife said see's game to drag it!