The limiting velocity is $\lim_{t->\infty} v$, denoted by $v(t_{\infty})$. Then $98\%$ of the limiting velocity is $98\% v(t_{\infty})$. So you are just trying to find $T$ such that $v(T)=98\% v(t_{\infty})$. This is in fact where you will start with. It didn't solve anything yet.
You will need to use the above solution of the ODE in this equation to solve for $T$.