I have spoken to several people on it and they will talk about it being on a blockchain etc., but have yet to have someone tell me what is the difference between it being tokenized and investing in say a REIT that issues shares through their transfer agent? 

There's been talk of how these will intersect and it's already happening in some spaces and I'm not talking about Metaverse Real Estate (Although I think some of that will make some people VERY wealthy).I'm talking about real physical real estate providing access to crypto investing and returns, and here's the crazy part...It has the potential to offer all the great things real estate does like depreciation, hedge against inflation and cash flow, all while exposing you to the high reward of Bitcoin's upside and decentralized nature. 

Anyone that says the market won't slow/reverse is ignoring history and you can say the same about people who always say the stock market goes up and so does bitcoin.

In 5 years its a whole new area, and if you get in early its better than bitcoin.  

From virtual property tours to blockchain-based transactions, technology is making the market more accessible and efficient.

The fake ones are about making 10k on bit coin???

Does anyone have experience with crypto or bitcoin mortgages / lending?

There are those that discussed Gold and Bitcoin in the past.  

Last year my largest holding FDUS, paid 13.6% dividend and stock also went up 8-9 %, as long as 10 yr flat to rising they make money on their large net interest margin spreads.if you ok with moderate risk, pick good REITS, as a group VNQ they beat sp500 last 20 and 50 yrs by about 1.5-2.0%, and they beat private real estate investors by 2-4% in academic studies as well, that's an average, that doesn't mean REITS outperform the excellent investors here at BP :)Or take out a margin loan and YOLO Bitcoin, no don't do that!

I don't see a reason to go borrow at 8% and miss out on all these cheap equities and Bitcoin.