I work with a guy that has a 1979 Bayliner Skagit 2275 for sale. <br /><br />He bought it a couple of years ago and has been working at rebuilding it, but it has gotten the best of him. <br /><br />Here is the deal. <br /><br />There is a it is a 350 mercrusier, with an I-drive supposedly. The serial numbering is a bit perplexing, but... the gimbal housing has a hole corroded through on the port side, and she obviously takes in water. <br /><br />The lower unit has been apart and inspected, not rebuilt, and seems ok. <br /><br />The bearing in the gimbal housing are OK, so I was wondering if someone could get away with some sort of repair using epoxy or something, rather than replace the gimbal housing, which may be more than I am interested in doing. <br /><br />I could get into this deal for ~$3500, is this reasonable?