Keyaid

I’ve got an E91 320i, I have No heating and have tried several times to burp the system correctly using all sorts of different methods, Exhaust is constantly got what looks like water (not coolant) coming from the exhaust, Would a bad gasket or a cracked intake manifold cause this to happen, Engine doesn’t overheat and there is isn’t any smoke which would suggest headgasket should still be fine, Any advice would be highly appreciated