I have a very thin reddish fluid leaking from the right rear hub. I found it when I took the right rear tire off to find out why the brake were grabbing. It appears that its coming from a large hole in the hub. It doesnt have the look or smell of gear oil. Is it possible that its brake fluid? Doesnt look like the wheel clynder is leaking tho the brakes wouldnt return and grabbed alot and the wheel cyl wouldnt adjust. If it is a axle leak do I have to tear down the axle to fix it? I was planning to put the ring and pinion gear set that patricks sells in down the road.
Thanks