Faction change

Considering doing a faction change. Things are just not working out. Warrior is fun. Kind of. But I’m not liking it as much as I thought I would. Want to reroll as a blood elf rogue (a lot of leveling dungeons are more accessible as horde). I want to carry some gold and bags over. How long does a faction change usually take? Can I go ahead and play my new character while the game processes the transfer. Or do I need to wait?
I’ve heard about Faction changes not working. Has this been fixed?

its like 5 minutes max

Thank you.

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