Hello<br />I bough this boat last fall (1988 mercruiser MCM 3.0 liter 4 cyl GM block) the guy that sold it to me told me it ran great, he told me no water in the engine oil, I ask him to winterize the boat for me so we did.<br />Today after fixing a starting problem (corroded terminal wire) I put the Earmuffs on the drive and she started right up.<br />The problem is I have oil mixed with water coming out at the back of the engine Dripping heavily behind the starter my bilge was a mess with vanilla milkshake. Checked dipstick I it was very low.<br />Oil leak plus water in oil does not sound good to me.<br />Since I cant look under engine what do you guys think the problem is?<br />Seal? Oil pan? Or worst?<br />Thanks for any help<br />Gabriel