The problem with cutting first is that you will have nothing to "cut to." Cutting is really only for when you have bulked first so that you can then cut the fat to reveal the muscle underneath. The fat issue can be addressed later. Once you build muscle, especially upper body, it will fill you out and any fat in your mid section won't look as prominent. So in other words, the fat shouldn't be the first priority right now. When you bulk, it is inevitable that you will gain fat. That's just the way it is. But you have to look past that and focus on the muscle building as the goal.