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PLEASE HELP!!NEWB HERE...I recently traded an old 01 Honda CBR 600 F4i worth maybe $2500 tops for a 05 BF 750 with 29.5" Outlaws on aftermarket aluminum rims with a LRD Torc exhaust all cv joints in good working order body and frame and everything in great shape, BUT It had a small knock....well really not a knock just some noise on the top end of the front cylinder. It then started to backfire and miss occasionally and then I swamped it in a 5 foot never ending hole that i thought was a 1 foot puddle,the engine stalled but no water entered the airbox a little entered thru the exhaust oil was a little murky, it died and i was towed back, well tonight I changed the oil several times to get the moisture out and now has a fairly loud knock on the top of the front cyl and had not quite metal shavings in the drain pan but more like glitter...my question is a three part, 1, Rebuild whatever could be wrong 2, Try and find a used engine or 3, just sell it the way it is?? 

Remember I essentially only paid $2000-2500 for it and everything else is in good working condition...Please help me out on what it could be or what I should do. Im not very savy when it comes to doing myself so.......
Remember I essentially only paid $2000-2500 for it and everything else is in good working condition...Please help me out on what it could be or what I should do. Im not very savy when it comes to doing myself so.......