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It depends on the bank and your overall profile. I was instantly approved for a barclay Ring at the end of July and I had opened 14 accounts since March.
Thankyou all for your input. I will see what happens in Feb or March of next year till then I have enough credit to do what I want and my scores continue to improve month to month as I use the cards, pay them down and make sure everything is getting paid on time. I still have an IRS lien I am trying to get released which is certainly going to be an additoinal flag for any lender so getting that resolved over the next couple of months (apparently it takes 90 days just to get an answer) combined with some time between cards and some additional points should put me in good shape. I want a Venture with 5-10k CL and something decent with NFCU also.