Well, the car is finally back to normal thanks to my Indy and his troubleshooting skills! So for anyone else reading this and experiencing the same symptoms that are in the youtube link of my initial post, you might want to consider your ABS Control Module. I got the part from BMA Auto Parts for $470+tx. Brand new Bosch unit w/ 1 year warranty. The unit does need to be programmed to your car once you receive it or else it won't work. This is where the shop or dealer come in.
Thanks everyone for all your thoughts and shared experiences. I definitely learned a lot. Hope this thread helps others in the same boat.

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Say what you will, nothing drives like a BMW.


2003 X5 E53 4.4
2001 740iL Sport
1990 325i E30 - Restored/Restoring