I think you should have 3-bet preflop if you put him as loose. How loose though? I also disagree with that the outs are tainted. The flop call isnt bad. You got more than enough odds to call that. Now the turn is interesting. I think this play is good if you have some folding equity from AK, AQ, small pps AND its HU.

The problem is that eventhough you fold out 2 people I dont think you are good enough without improving on the river. So I would probably call trying for overcalls.