The engine was just rebuilt I was told!!!

The engine looks entirely serviceable. I would pull it, pull the pan and get eyes on the lower end just to be sure things are ok. If you pull the caps and the bearings look ok but with some normal wear - put it back together. If they look wiped you need to discuss budget because the costs will add up quick. You need to choose a direction at that point. I've seen some decent engines listed over the past couple months - finding another one might be the less expensive deal if you can get one with some pedigree.