Sure you can go for it. It is called recomping – losing fat and gaining muscle at the same time. In fact, I am a great advocate of such approach to bodybuilding. For such a cycle I would recommend stuff like turinabol, EQ and testosterone. If you are experienced enough, you can also add in there some trenbolone. Although a test/EQ/Tbol cycle would work wonders already. Don't expect fast results with such a cycle, but they will get your there at least.