[theblackkeys]

I'd cut first, because you will still be able to make consistent strength gains for quite a while. You are a beginner, us types make gains easily.

When you stop making consistent gains, you can add some more food to perhaps give your body a boost. It might help you with plateaus.

Edit: Just read the end of your post. Do weightlifting and cardio while you are cutting. I wouldn't wait, especially if you have the motivation now. Check out the sticky, it has some good program mentioned in it.