It is possible. I'm doing it and I know others have too. I'm buying a bike from a dealers in Alaska. And I know that the day I arrive there is a guy from Germany arriving and doing the same thing. They said they will help me with the registration and the only other thing I'll need is insurance. They've done it before so it is very possible and quite easy - as long as you're buying it from someone who will help you. I think the only tricky bit is that you need to register it with a local (US) address that cannot be a business or office so the person you're buying it from will need to help you out.
I'm also taking my bike out of the US and, once the bike is yours, taking it out of the US is no problem whatsoever.
I suggest you try and find a nice friendlt bike dealership (like I have ) to buy from.
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