I just started cutting about a week and a half ago. I'm down 1lb, and am extremely happy to see it's not any more than that. If I could lose 1-1.5lbs of fat per week I would be real happy. Slow and steady is the way to go. My diet isn't too intense; I'd probably still be in a calorie surplus if it wasn't for the cardio. I do 45 mins of a fasted cardio before breakfast, and another 15-20 minutes after my lifting in the afternoon.
I had a goal of bulking from 198 to 210 by December, and I hit 218 in November; I put on a decent amount of fat, but the 4-5 lbs of LBM I gained with it was well worth it. I considered bulking to 230, but was afraid of too much fat gain, so I decided on a slow cut.