My straight friend says he’s falling for me

So this is my first post so bear with me…I am an openly gay 33yo man…I have a friend who identifies as straight (30yo male)…he used to date a friend of mine which is how we met…she treated him like SHIT…well after they split he quit associating with me as it “reminded him of her” which I get on some level…so they reconnected as friends and then guess what…another falling out…so he calls me and asked to come crash for a while…which I had no issue with so he comes and moves in…

Well in the past I’ve been known for “turning ‘straight’ guys”…which I had no intentions of doing with him…don’t get me wrong he’s attractive but I had him in a category of my straight friends that i wouldn’t do anything for one reason or another…

So one night he offers to snuggle with me on the couch while we watched movies…I accept thinking it’s innocent enough…well because the couch he was sleeping on is so uncomfortable I invite him to come sleep in the bed with me and jokingly say “no homo” laughing it off…he accepts…well the first couple nights he stayed to one side and then he starts cuddling with me…well then we start having discussions about his feelings towards me…well now it’s been about 3 weeks since he moved into my room and he tells me 2 days ago that he is falling in love with me and wants to be with me but can’t get over his attraction to females and can’t get over the confusion as he’s never felt like this with anyone female or otherwise…Now don’t get me wrong I’m feeling the same way but don’t want to set myself up to get hurt or played so I haven’t really pressed the issue…but if I were to put cameras in my house people would see that we are basically already a couple without the physical romance aspect…all we’ve done is hug and cuddle and had a somewhat intimate moment where we were sort of hugging but in each others shoulder/neck and say I love you (which to be fair I tell that to ALL of my people family and friends cause I don’t want them to think that no one ever care(s/d)) but when you hear us tell it to the other you can tell it’s deeper than just saying it to a family member or friend.

So I guess my question is WTAF do I do in this case…it’s such a confusing situation…like I would go find something physical else where but the state of mind/heart that he’s got me in I really don’t want anything from anyone else except him