Why don't more foreign investors seek owner financing?

[Mitch Messer]

I've seen very many posts here on BP from foreign nationals on how different (and often frustrating) the US banking system is, compared to their own. Non US citizens have meager institutional options when seeking to finance investment real estate here in the US.

Which leads me to wonder why more foreign investors don't actively seek out (or seek to create) deals financed by the seller. Is there some obstacle I'm not seeing?

Admittedly, these deals are far easier to structure when you're here on the ground in a US market, but they are far from scarce. (A quick search on "owner finance" in Atlanta Craigslist just yielded 645 matches.)

So, what am I missing? Can anyone offer some insight?